Propy

**Real estate tokenization infrastructure is maturing** after 8 years of regulatory groundwork. Key developments include: - Crypto mortgage infrastructure deployment - **Property deeds recorded onchain** - Tokenization pilots across U.S. and Europe - Regulatory compliance frameworks established The convergence of real estate and crypto represents a **significant market opportunity** as traditional property markets integrate with digital assets. Industry leaders suggest this infrastructure development could enable **broader crypto adoption** in real estate transactions and property ownership models.

Real estate blockchain company **Propy** had a virtual meeting with billionaire investor **Mark Cuban** using OpenAI's Sora video generation platform. The brief encounter in the AI-generated environment has sparked speculation about potential collaboration between the two parties. - Propy specializes in blockchain-based real estate transactions - Cuban is known for his investments in emerging technologies - The meeting occurred in Sora's AI-generated virtual space The cryptic nature of the announcement suggests **upcoming developments** may be in the works, though no specific details were revealed about the purpose or outcomes of their digital meetup.

**Crypto adoption in real estate accelerates** as Propy reports 10% of Q3 closings used digital assets. **Payment breakdown:** - USDC: 38% - Bitcoin: 28% - Ethereum: 25% - XRP: 9% **Key infrastructure ready:** - Propy Title + Coinbase escrow system - Funds held in custody until closing - No forced liquidation or surprise tax events - Sellers can still receive USD The platform enables buyers to use Bitcoin, ETH, or stablecoins for deposits and closings while maintaining compliance. This represents growing acceptance of cryptocurrency in traditional real estate transactions. [Listen to CEO interview](https://youtu.be/wZ0zYzb0hc4?si=Q3IlBM50wkzpdZ5P)

**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)