Propy

Fannie Mae, the largest guarantor in the $12 trillion US residential mortgage market, now recognizes crypto as legitimate collateral for home purchases. This marks a significant step in merging traditional real estate with blockchain infrastructure. Propy has been building the foundation for this shift through: - Crypto escrow systems - Onchain property deeds - Tokenized real-world assets (RWAs) - DeFi-based loans The development opens the $400 trillion global real estate market to liquid, 24/7 capital flows. This infrastructure makes real estate transactions composable and globally accessible, fundamentally changing how property can be bought, sold, and financed using digital assets.

Propy completed its third acquisition, integrating Boss Law's title division in Florida into its platform. The deal brings institutional clients including three of the largest single-family home REITs in the U.S., managing over $10 billion in real estate assets, along with wholesale investors and developers. The expansion establishes a national pipeline of institutional closings that will train Propy's AI systems on high-volume residential and commercial transactions. This positions the company to automate real estate infrastructure and settle property transactions on-chain at institutional scale. The move builds on Propy's existing AI capabilities, which already reduce manual processes by 40% by integrating transaction data with Ethereum smart contracts to automate settlement workflows.

Propy is accelerating its $100M national expansion of AI-powered title and escrow services. The company has successfully integrated its first acquisition and is actively pursuing additional regional title firms to join its modernization effort. **Key developments:** - First acquisition in Alabama now integrated - AI automation reduces manual work by 40% - Platform enables closings in as fast as 3 days - Supports both crypto and fiat escrow transactions - 24/7 closing capabilities **2025 performance metrics:** - 41.8% of escrows opened after hours - 48% of online deposits submitted outside business hours - Average close time: 29 days - 10.4% of escrow volume settled with crypto - Over $5B in total transactions processed The company combines licensed US title and escrow services with blockchain-based deed recording. Propy is seeking profitable, independent title firms interested in scaling with AI technology and blockchain security. Goal: Expand AI-powered closing services to all 50 states.

**Propy Co-founder Denitza is presenting at the Global Blockchain Summit in Abu Dhabi today**, discussing the future of blockchain-based home ownership. **Real estate tokenization has moved from concept to reality**, with the company positioning itself at the forefront of this transformation. Key developments: - Live presentation on blockchain home buying and ownership - Focus on tokenized property solutions - Part of ongoing global speaking tour including recent Binance Blockchain Week Dubai The timing reflects growing institutional interest in real world asset tokenization, particularly in real estate markets.

**Propy showcased crypto-powered real estate at Art Basel Miami** with their branded truck featuring Agent Avery and QR codes for instant property transactions. The company positioned real estate ownership as the ultimate art form, emphasizing their ability to: - Accept cryptocurrency payments - Close property deals in minutes - Make real estate transactions as accessible as scanning a QR code This Miami activation follows Propy's recent Times Square debut and $100M U.S. expansion announcement, highlighting their mission to transform traditional real estate into a liquid, 24/7 digital asset through blockchain technology.

**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)

**ORA Hotel in Tampa demonstrates crypto's growing role in real estate settlements.** The $700M luxury condo hotel sold 50% of units in record time, with nearly **one-third of sales closing in cryptocurrency**. **Key transaction details:** - 80% of crypto buyers used USDC via Coinbase payment rails - Integration through Propy Title streamlined the process - Most buyers financed with crypto-backed loans from Milo Credit **Market implications:** - Stablecoins like USDC emerging as global financial infrastructure - BlackRock and Circle positioning stablecoins at core of payments - Real estate joining the digital settlement layer **Growing demand drivers:** - Digital asset closings accelerating faster than expected - Millennials and Gen Z becoming dominant property buyers - Alternative financing options gaining traction The success follows July's surge in stablecoin transactions after regulatory clarity improved. Real estate developers increasingly accept USDC and other stablecoins through crypto-friendly escrow companies. [Read full report](https://www.morningstar.com/news/business-wire/20250916673101/tampas-new-hotel-ora-private-residences-announces-cryptocurrency-emerged-as-a-driving-force-in-real-estate-sales-success-after-collaboration-with-propy-title)

Real estate, the world's largest asset class, suffers from extreme illiquidity that locks capital and limits access. Onchain infrastructure solves this through programmable ownership records, global market access, and cross-border liquidity - transforming property from a local, locked asset into globally accessible, liquid capital.