Christie’s Brokerage Firm Launches New Crypto Real Estate Division: Report
Main Idea
Christie’s International Real Estate has launched a new crypto real estate division following high-profile transactions, signaling growing acceptance of cryptocurrency in luxury property markets.
Key Points
1. Christie’s International Real Estate launched a new division to handle digital asset transactions, citing a trend of increasing crypto use in real estate.
2. A notable transaction involved a $65 million Beverly Hills property purchased with Bitcoin, highlighting the division's high-profile deals.
3. CEO Aaron Kirman stated that crypto is 'here to stay' and expects its role in real estate to grow significantly in the next few years.
4. Chris Hanley, owner of Invisible House, noted that crypto payments attract innovative buyers, including crypto millionaires.
5. James Harris of Tesseract Group linked recent U.S. regulatory advancements, such as the GENIUS Act, as catalysts for broader crypto adoption in real estate.
Description
Luxury brokerage Christie’s International Real Estate, affiliated with the renowned Christie’s auction house, has unveiled a dedicated crypto division. The firm has created a specialized team of lawyers, analysts, and crypto experts to handle digital asset transactions, the New York Times reported on Thursday. Christie’s CEO Aaron Kirman said that the division was launched after closing several high-profile crypto transactions. One notable deal involved the purchase of a $65 million property in ...
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