"Opendoor CEO Kaz Nejatian put out a social media hint that his company may soon allow the purchase of homes using Bitcoin or other crypto. In a reply on X to a user asking whether Opendoor would permit home buying with Bitcoin or crypto, Nejatian responded, "We will. Just need to prioritize it." The comment, though brief, sparked speculation that the housing company might add crypto payments into its platform."
"Opendoor Technologies., based in San Francisco, operates a digital home-buying marketplace. The company makes cash offers on homes via an online process, acquires the properties, performs repairs or upgrades, and re-lists them for sale. That model makes bitcoin integration potentially simpler: rather than a seller needing to accept bitcoin directly, Opendoor could convert bitcoin into fiat currency internally and run the transaction like any other."
"In July, Christie's International Real Estate unveiled a dedicated cryptocurrency division in California, facilitating property listings and transactions denominated in digital assets. That arm includes the $118 million "La Fin" mansion in Bel Air, one of the most expensive homes ever listed to accept crypto. In a similar move, Grupo Murano, a $1 billion Mexican real estate firm, adopted a bitcoin-centric strategy to optimize its finances and hedge against currency volatility."
Kaz Nejatian signaled on social media that Opendoor may soon accept Bitcoin and other cryptocurrencies for home purchases. Opendoor operates a digital home-buying marketplace that makes cash offers, acquires properties, performs repairs or upgrades, and re-lists homes. That operational model allows Opendoor to convert cryptocurrency into fiat internally and process transactions like any other sale. Tax and legal ramifications would need to be addressed before implementation. Traditional real estate firms are already testing crypto integration, including Christie's International Real Estate launching a crypto division and Grupo Murano adopting a bitcoin-centric corporate strategy to hedge currency volatility.
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