Christie's International Real Estate has launched a new division dedicated to property transactions using digital currencies, including bitcoin. This division enables buyers and sellers to complete transactions without involving banks. The initiative, led by Aaron Kirman, follows several high-value crypto property sales. Christie's is listing over $1 billion in homes where sellers will accept bitcoin. This move aligns with increasing federal support for digital assets and indicates a growing acceptance of cryptocurrency among luxury property buyers.
"The trend was obvious - crypto is here to stay. It's only going to get bigger over the next few years," said Aaron Kirman, chief executive of a Christie's subset headquartered in Los Angeles in an interview.
"Accepting cryptocurrency signals an openness to innovative buyers, some of whom are crypto millionaires and billionaires looking for real-world assets to diversify," said the owner of Invisible House Chris Hanley.
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