It appears our eminent establishment, Christie’s International Real Estate, hath embarked upon a most curious venture, namely the establishment of a dedicated crypto division. One might say they are attempting to court the affection of the digital currency—seeking to welcome payments rendered in this novel form. How delightful! 💃
- Christie’s International Real Estate doth propose a crypto division to cater to the wants of discerning property buyers of digital assets.
- In the very words of Master Aaron Kirman, the esteemed CEO, this declaration springs forth from a prior triumph involving the sale of a property that was entirely settled in the illustrious Bitcoin. Who needs banks, truly?
- With a veritable fortune of over $1 billion in luxury estates now listed, Christie’s finds sellers amenable to accepting the allure of cryptocurrency payments. Just imagine the gallant homeowners jingling their digital coins! 💰
Said Mr. Kirman, whilst conversing with The New York Times, that the firm hath responded to an insatiable demand from the high-net-worth individuals—those sprightly gentry who prefer to dabble in the art of purchasing property without the tiresome mediation of traditional banking systems. How chic! 🤭
It would seem our dear Kirman hath orchestrated several splendid transactions employing this modern marvel of finance, and fancies that a larger market metamorphosis is in progress.
Pray tell, why dost Christie’s International Real Estate gravitate towards crypto?
In Kirman’s estimation, this momentous decision followed the elegant exchange of a $65 million estate situated in Beverly Hills, which was conveniently settled in Bitcoin—without a bank in sight! The transaction was conducted with a cadre of legal and crypto professionals, ensuring that both security and legality were paramount, unlike some of our Regency-era romances. 😏
Building upon such splendid experience, the firm doth aspire to formalize its endeavors into a fully-fledged division—one devoted to the astute gentry who seek to execute real estate dealings entirely in digital assets. Oh, the sophistication!
This new offering finds its muse amongst clients longing for the sweet veil of privacy that cryptocurrency can provide. Indeed, it seems our wealthy individuals—celebrities and international investors alike—are increasingly opting for crypto transactions to shield their identities, much like one might conceal a scandalous secret in a letter! 😉
Despite their current reliance on LLCs and trusts, blockchain transactions add a dash of anonymity that is indeed compelling. Kirman expressed confidence, noting instances wherein the seller remained blissfully ignorant of the buyer’s identity. Such jest! 🕵️♂️
And lo, real estate owners open their arms to crypto!
Christie’s boasts a treasure trove of over $1 billion in listings where sellers sportingly accept cryptocurrency. Within this assemblage lies a dazzling $63 million luxury abode in Beverly Hills and the enigmatic “Invisible House” in Joshua Tree, enticing buyers with a mere $18 million. Who could resist?
Kirman noted that many sellers perceive this crypto-acceptance as a strategy to attract innovative and tech-savvy suitors. Indeed, finance has never been so exhilarating! 🤑
While still somewhat rare, crypto-based property purchases are not mere fables; these digital currencies have increasingly infiltrated the realm of high-value transactions across the globe.
Pioneers in the escapade include Dubai’s DAMAC Properties, who began peppering their listings with cryptocurrency options in 2022, and Kuper Sotheby’s International Realty, which executed a delightful transaction in Bitcoin back in 2017—one must keep track of such advancements! 😊
More recently, The Open House Group of Japan joined this merry band, embracing payments in the likes of Bitcoin, XRP, Solana, and even Dogecoin. The world grows ever more amusing!
Christie’s illustrious history within the digital realm
Let us not forget that Christie’s did make quite the splash in 2021 when it became the inaugural major auction house to sell an NFT artwork — Beeple’s Everydays: The First 5000 Days — for a princely sum of $69.3 million. Quite audacious! 🎉
Since then, they have launched their very own Ethereum-based NFT platform and managed numerous auctions pertaining to digital artistry, lending their credibility to a most earnest endeavor within the art markets. Truly, Christie’s and Sotheby’s find themselves at the heart of this swirling tempest of novelty and tradition!
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2025-07-25 09:25