Propy Team Unites in Ancient Bulgarian Town for Strategic Retreat
Propy Team Unites in Ancient Bulgarian Town for Strategic Retreat
馃彴 Ancient Town Meets Web3
The Propy team recently gathered in Sozopol, Bulgaria, for a strategic team retreat. Team members from the U.S., South Africa, Turkey, and beyond came together to discuss the future of real estate technology.
Key highlights:
- Former SEC Commissioner Michael Piwowar joined the gathering
- Teams explored 2,000-year-old ruins while discussing AI and blockchain
- Focus on modernizing property ownership: making it instant, transparent, and borderless
The event followed Propy's successful gathering at Inman Miami, where industry leaders converged to discuss onchain infrastructure in real estate.
This July, the Propy team gathered in Sozopol, a 2,000-year-old town on Bulgaria鈥檚 Black Sea coast. We explored ruins, debated AI, parasailed, and even went clubbing. But the real highlight wasn鈥檛 what we did, it was who we did it with. Teams flew in from the U.S., South Africa,
Propy Launches Web3 Real Estate Infrastructure with Smart Contracts and BTC Loans
Propy is transforming real estate transactions with blockchain infrastructure that goes beyond traditional listing platforms. Key features include: - Onchain title and escrow processing - Smart contract-based closings - Bitcoin-backed real estate loans - AI-powered tools for agents - Blockchain-verified property records The platform aims to modernize property transactions to match the speed and efficiency of e-commerce, enabling instant transactions with verified ownership and transparent settlement. [Get started with Propy](propy.com/onboarding/get-sta)
Propy Leads RWA Revolution with $4B in Onchain Real Estate
Real World Assets (RWAs) are experiencing significant growth, with total value now exceeding $25B. Propy stands at the forefront of this transformation, having processed $4B in real estate transactions using blockchain technology. - First platform enabling complete onchain home purchases - Legal execution and immutable title recording - Smart contract-based escrow system - Full U.S. regulatory compliance The platform bridges the gap between traditional real estate transactions and blockchain technology, setting the foundation for scaled adoption. This represents a shift from paper-based to code-based property transactions.
Propy Expands Global Presence with ETHCC[8] and Agent Education Initiatives
![Propy Expands Global Presence with ETHCC[8] and Agent Education Initiatives](https://outpostscdn.com/file/outposts/de7b83f0-e412-46c1-aff1-8be18105a765/content-images/89c73fa6-6829-4de7-a194-4dcbcac5aaa2.jpg)
Propy continues its global expansion with key developments in July: - Participated in ETHCC[8] conference in Cannes, France - Advanced agent education programs across the United States - Conducted global team alignment retreat in Sozopol This follows March's milestone of 300,000+ minted PropyKeys addresses and growing onchain real estate adoption. The company's CE course now has 150+ enrolled professionals. Visit [propy.com/browse/july-with-p](propy.com/browse/july-with-p) for the complete update.
Crypto's Growing Role in US Housing Finance
The integration of cryptocurrency in US housing finance has seen significant growth. From 5% of homebuyers selling crypto for down payments in 2019, the number rose to 11.6% for first-time buyers by 2021. Currently, 14% plan to use crypto for closing costs. A major policy shift occurred in 2025 when the Federal Housing Finance Agency (FHFA) began accepting crypto income for mortgage qualification. This regulatory change marks crypto's transition from an alternative funding source to a mainstream component of housing finance. Propy's new Crypto Escrow Service, partnering with Coinbase Prime, now facilitates secure crypto-based real estate transactions, supporting this emerging trend.
RWA Infrastructure Moves from Theory to Reality
**Key developments in Real World Assets (RWA) infrastructure:** - Institutional adoption of RWAs is moving from conceptual to operational phase - Focus shifts to systems that are both scalable and reconcilable with existing frameworks - Integration with legal, financial, and regulatory structures becomes paramount Recent roundtables and the RWA Summit in Cannes demonstrate growing institutional interest. Market signals and industry discussions confirm: traditional capital markets are actively seeking blockchain-based infrastructure. *The convergence of traditional finance and blockchain technology is no longer theoretical - it's being implemented.*