Propy

**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.

**Goldman Sachs** has released a report marking the beginning of **Stablecoin Summer**, highlighting how the GENIUS Act provides stablecoins with their first federal regulatory framework. **Key developments:** - Stablecoins transition from niche assets to mainstream digital payment infrastructure - $270B stablecoin market gains institutional credibility - Settlement times reduced from days to minutes **Real estate impact:** - Onchain dollars create pathway for $300T property market digitization - Faster settlements enable more efficient real estate transactions - Federal framework builds institutional trust in digital assets The regulatory clarity positions the U.S. as a leader in digital asset regulation while opening doors for large-scale property tokenization.

A significant development in real estate tokenization as a major DeFi protocol joins forces with a licensed real estate platform. The collaboration aims to create comprehensive onchain infrastructure for property transactions, marking one of the first partnerships of this scale in the space. Key aspects: - End-to-end property transaction infrastructure - Licensed real estate platform integration - DeFi protocol backing This initiative follows recent regulatory progress in crypto real estate adoption, potentially transforming how properties are financed and transactions are closed.

Propy Title is leading blockchain adoption in real estate through practical implementation rather than theoretical frameworks. The company has: - Processed over $4B in real estate transactions - Successfully integrated blockchain-based closings into traditional markets - Developed smart contract closings and onchain title systems - Created infrastructure for BTC-backed real estate loans Their approach focuses on making blockchain technology accessible through familiar workflows, enabling faster and cleaner closings for traditional market participants. The platform bridges the gap between conventional real estate transactions and blockchain innovation, demonstrating real-world utility beyond just listings. [Get started with Propy](propy.com/onboarding/get-sta)