The auction house Christie’s has launched a new division, Christie’s International Real Estate. Its goal is to conduct real estate transactions exclusively for cryptocurrency. The team includes blockchain experts, lawyers, and analysts who provide full support for such transactions without involving banks. One of the most high-profile operations was the sale of a house in Beverly Hills for $65 million in bitcoins.
According to the division's CEO, Aaron Kirman, the practice of using crypto for real estate purchases is popular among affluent buyers. Such transactions allow for anonymity and complicate the tracking of ownership chains.
Currently, Christie’s offers several properties totaling $1 billion with the option to pay in crypto.$WCT $BTC $HUMA
