Propy Completes First Crypto-Backed Real Estate Sale in Hawaii

🌺 Hawaii's First Crypto House

By Propy
Feb 20, 2025, 6:33 PM
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Photo by Propy

Propy achieved two significant milestones in January 2025:

  • Launched the first-ever crypto-backed onchain real estate loan
  • Completed Hawaii's first onchain property sale at Ala Moana Hotel

The winning offer was secured through a BTC-backed loan featuring:

  • 100% financing with BTC/ETH collateral
  • 10% fixed interest rate
  • 2-year term
  • Flexible repayment options

The transaction demonstrated how blockchain technology can streamline real estate purchases by replacing traditional loan approval procedures with instant, efficient solutions.​

Sources

''Propy is revolutionizing the real estate sector with a new loan option where buyers can pay for the property in cryptocurrency and offer the property as collateral. The real-time loan will be available during Propy’s tokenized sale of a condo in Hawaii on January 29, which is

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Only 3 hours left! The clock is ticking on Hawaii’s first-ever onchain real estate sale with the option for a crypto-backed loan! With activity already picking up, now’s the time to make your move. Own your tomorrow—don’t let this opportunity slip away! Link to sale in the

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Last call! Buy Hawaii’s first onchain real estate with USDC, ETH, or BTC—or get a 100% crypto-backed loan. The sale starts today at 3pm EST! How It Works: • Quick ID Verification (under 2 mins) • Instant Loan Terms & Property Details • Secure with BTC/ETH Collateral •

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January was s historical month for Propy! Our latest blog post highlights key milestones- we launched the first-ever crypto-backed onchain real estate loan, which enabled Hawaii’s first onchain property sale. Read the full details in the comments below and see how these

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Propy is launching the first-ever real estate asset sale onchain in Hawaii, offering a unique opportunity to own a property at the Ala Moana Hotel (#1320), located at 410 Atkinson Dr, Honolulu, HI 96814. Starting price: • 2.65 BTC (250,000 USDC) Key details: • Instant

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Real Estate Agents: Start 2025 with a Competitive Edge Enroll in the first-ever Blockchain and Cryptocurrency Course tailored specifically for real estate professionals. The rise of cryptocurrency is reshaping industries, including real estate. Position yourself as an early

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Only 24hrs left to buy Hawaii’s first onchain real estate asset with USDC, ETH, or BTC—or get a 100% crypto-backed loan! How it works: • Quick ID Verification (under 2 mins) • Instant Loan Terms & Property Details • Secure with BTC/ETH Collateral • Modify offers in real

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New Investment Opportunity: Ala Moana Hotel Condominium We’re thrilled to announce the sale of a premier real-world asset (RWA) on the Propy RWA Marketplace! This Honolulu condominium unit at 410 Atkinson Drive, Unit 1320, offers the perfect blend of cutting-edge blockchain

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For the first time ever, you can secure a 100% BTC-backed loan to buy a property in Hawaii! No banks, no lengthy process—just seamless onchain real estate ownership! How It Works •Quick ID Verification (under 2 mins) •Instant Loan Terms with property & loan details •Secure

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“The real-time loan will be available during Propy’s tokenized sale of a condo in Hawaii on January 29, which is the first tokenized property sale in Hawaii. This loan is different from typical real estate transactions. It skips the usual 30-day waiting period and allows buyers

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Keep your crypto and buy your dream home with Propy's first-ever onchain BTC loan! Featured Property: A stunning Honolulu condo with ocean views, steps from Ala Moana Beach, and an estimated 2024 income of ~$20,000. Turnkey management included! Loan Highlights: •100% financing

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“Propy’s expansion into Hawaii highlights the increasing role of blockchain in traditional real estate markets. The integration of blockchain technology not only facilitates compliance with regulatory frameworks but also offers enhanced financial options to prospective buyers.”

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Making history again! Propy has successfully sold Hawaii's first-ever onchain real estate asset—with multiple onchain offers, and the winning one secured through the first-ever BTC-backed loan. In the same week, we closed a groundbreaking deal and launched a product set to

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“Propy's CEO, Natalia, highlighted the benefits for Bitcoin holders, noting that they can acquire real estate through loans without selling their Bitcoin and incurring taxes. She described this initiative as a milestone that demonstrates the future of real estate, showcasing how

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Unlock the Opportunity of a Blockchain-Powered Investment in Honolulu Explore the opportunity of a blockchain-powered investment in the Ala Moana Hotel Condominium. This modern approach ensures secure, transparent, and cost-efficient transactions while offering you full

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Hawaii's First Onchain Property Sale Completed at Ala Moana

Hawaii's First Onchain Property Sale Completed at Ala Moana

A historic real estate transaction was completed at Ala Moana #1320, marking Hawaii's first fully onchain property closing. The sale demonstrated several key innovations: - **Instant ownership transfer** using blockchain-based title - **Paperless process** replacing traditional documentation - **Smart contracts** eliminating escrow delays - **Tokenized property** infrastructure implementation The property, located at 410 Atkinson Dr, Honolulu, sold for 2.65 BTC. A detailed walkthrough of the process will be presented by crypto-certified agent Damon Rhys on April 30. [Register for the deep dive webinar](propy.com/browse/hawaii-rwa)

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