C
hristie's International Real Estate has taken a significant step into the world of cryptocurrency, establishing a dedicated team to handle home sales exclusively with digital assets. This move makes it the first major US brokerage to do so.
The unit was formed in response to growing demand from buyers seeking privacy and faster payments, as seen in several high-profile deals, including a $65 million purchase in Beverly Hills. The new division manages a portfolio exceeding $1 billion in properties available solely for crypto purchase, with notable listings such as the Invisible House in Joshua Tree and La Fin in Bel Air.
Transactions often involve buyer anonymity, with legal representatives verifying funds and many buyers using LLCs funded by crypto to reduce transparency compared to traditional bank-backed purchases. Favorable US regulatory changes, including the GENIUS Act, support this shift towards cryptocurrency-based home sales.
Aaron Kirman, Christie's Southern California CEO, predicts that crypto may make up over a third of US home sales within five years, attracting wealthy digital asset investors.
