It seems that even the grand world of luxurious estates has been swept up in the digital tide. Christie’s International Real Estate, one of America’s most prominent brokerages, has decided it’s time to get into the world of cryptocurrency. No, they’re not buying Bitcoin to add to their own portfolio (that would be too easy). Instead, they’ve created an entirely new division that allows buyers and sellers to transact using cryptocurrencies — without ever stepping foot inside a bank. 😲💰
Leading the charge is Aaron Kirman, CEO of Christie’s Southern California division, who is managing over $1 billion in crypto-listed properties. This is a realm where only those paying in cryptocurrency are allowed to play — no cash, no credit, just digital coins. And no, you can’t use your credit card. Don’t even try. 😉
Christie’s Offers $1 Billion in Luxury Properties — Crypto-Only!
The division, under Kirman’s watchful eye, has already made waves by selling a $65 million Beverly Hills mansion. But why stop there? The next big step involves expanding their portfolio to cater to the increasing demand for crypto-based real estate. Meanwhile, the US Federal Housing Finance Agency (FHFA) has decided that it’s time to give crypto a seat at the mortgage table. In June, they told Fannie Mae and Freddie Mac to explore treating crypto as a reserve asset when evaluating mortgages. Because why not make mortgages even more complicated? 😏
So, what’s on the table for crypto lovers? A $118 million La Fin mansion in Bel Air, a rather modest $18 million Invisible House in Joshua Tree (where, apparently, the house is too good to be seen), and a $63 million Nightingale property in Beverly Hills. All you need is your crypto wallet and a penchant for extravagant, albeit invisible, real estate. 🏡💸
Proper Security for Crypto Transactions — No Secrets Here
Of course, as much as the idea of transacting in crypto sounds enticing, Christie’s isn’t about to let people waltz in with untraceable money. The real estate network has assembled a legal team, complete with lawyers, analysts, and crypto experts, to ensure that all transactions are as secure as possible. They will even perform a thorough legal check on the origin of the crypto funds to ensure it’s all above board. So, no funny business. 😜
Kirman shared that wealthy crypto investors prefer to keep their identities hidden, which is why these blockchain-based transactions are a perfect solution. The transactions are far less traceable than the traditional banking system, which should make these buyers feel right at home in their mysterious crypto kingdom. 🕵️♂️
Christie’s Embraces the Global Crypto Trend
As the United States continues to push forward with the GENIUS Act and the CLARITY Act to further the development of digital assets, global businesses are hopping on the crypto bandwagon. Even real estate networks like Christie’s are embracing this digital revolution. Kirman, ever the optimist, stated, “The trend was obvious — crypto is here to stay…it’s only going to get bigger over the next few years.”
Looking ahead, Kirman predicts that in five years, one-third of all US home sales will involve cryptocurrency. He’s also in talks with major banks about the possibility of offering crypto-based home financing. So, if you have your eye on that Beverly Hills mansion, just remember: your next mortgage might be paid in Bitcoin. 🏠💵
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2025-07-25 10:07