Propy ($PRO) Token Now Featured in Coinbase Quests

**Propy's $100M nationwide expansion gains momentum** through a strategic partnership with Morpho Labs, one of DeFi's largest lending networks. **Key developments:** - Crypto-backed loans from Morpho Labs fuel acquisition strategy - AI + blockchain + onchain loans create liquid real estate asset class - Partnership enables faster capital deployment for title company acquisitions **The collaboration combines:** - Propy's real estate tokenization expertise - Morpho's established DeFi lending infrastructure - Onchain financing solutions for traditional real estate **Impact on the industry:** This partnership represents a significant step toward making real estate a truly liquid, programmable asset class by connecting traditional property markets with decentralized finance. The integration allows Propy to scale its AI-powered roll-up strategy while demonstrating how DeFi can provide capital efficiency for real-world asset acquisitions. [Learn more about the collaboration](https://propy.com/browse/morpho-and-propy-join-forces-to-bring-real-estate-onchain/)

**Bill Tai**, early investor in Zoom, Canva, and Wish, shared insights on **Propy's** journey through market cycles. Key observations: - Building ahead of market waves often feels like being wrong - **Passion, leadership, and charisma** are fundamental to surviving cycles - The ability to **ride through downturns** separates successful founders Tai noted that being early can feel like being wrong, but **the wave eventually comes**. For Propy, that moment appears to be arriving now. This reflects a common founder experience - **timing innovation** before market readiness requires resilience and conviction.

**Partnership expansion** between real estate platform and MorphoLabs reaches new milestone with $100M AI roll-up deployment. **Key developments:** - Onchain loans through MorphoLabs now backing large-scale real estate financing - Capital flowing into Real World Assets (RWAs) via DeFi infrastructure - Enhanced liquidity and composability for real estate transactions **Infrastructure impact:** - Credit rails being established for onchain real estate - Liquidity infrastructure connecting DeFi and property markets - Integration of trusted lending protocols with real estate ecosystem The collaboration builds on earlier partnership announcement focusing on lending vaults and crypto loan products tied to home closings.

**Crypto adoption in real estate accelerated significantly in Q3 2024**, with leads increasing 25% driven by crypto-friendly policies. **Key market insights:** - 94% of crypto buyers were US-based - Florida led the market, followed by California and Texas - 10% of Q3 closings used digital assets **Digital asset breakdown for closings:** - USDC: 38% - Bitcoin: 28% - Ethereum: 25% - XRP: 9% The surge reflects growing mainstream acceptance of cryptocurrency in traditional real estate transactions, particularly in states with favorable regulatory environments.

**$PRO token is now trading on Kraken**, marking a significant step in bringing real estate onchain. The token powers: - Property title transfers - Escrow services - Real estate transactions This listing makes real estate a **programmable and accessible asset class** through global digital markets. **Market Evolution** Payments evolved from checks → cards → stablecoins Markets shifted from local → electronic → programmable Now **ownership itself is moving onchain** The integration represents infrastructure that's both live and regulated, available on one of the world's most trusted crypto platforms. [Explore $PRO on Kraken](blog.kraken.com/product/asse)