Christie’s International Real Estate Launches Crypto Division with Over $1 Billion in Properties Exclusively Accessible in Crypto, Targeting Web3 New Rich
Under the leadership of Aaron Kirman in Beverly Hills, the team relies on lawyers, analysts, and crypto experts to ensure the legality and confidentiality of transactions, bypassing banks.
This initiative mirrors a broader trend: crypto-millionaires want to invest directly in crypto without conversion, pushing luxury real estate to cater to a new digital elite.
The Ultra-Rich Now Want to Pay in Bitcoin or Ethereum
A new breeze blows through luxury real estate. Christie’s International Real Estate, the prestigious real estate network connected to the famous auction house, has launched a division dedicated to 100% crypto purchases. The goal? To facilitate high-end real estate transactions without traditional currency or banks.
The stakes? Over a billion dollars of exceptional properties, exclusively available to buyers paying in cryptocurrency. Ultra-modern villas, iconic properties, dream residences… sellers are directly targeting the new digital elite.
An Initiative Born in Crypto-Friendly California
It is Aaron Kirman, a well-known figure in luxury real estate in Beverly Hills, who is leading this new initiative. Inspired by record crypto-settlement sales, including a $65 million property, he has structured a complete division around this new trend.
His team? Specialized lawyers, financial analysts, compliance and crypto asset experts. Their mission: to ensure the legality and traceability of funds while respecting anonymity, often sought by buyers in the sector. In some cases, sellers do not even know the buyer’s identity, only a law firm validates the source of funds.
Crypto + Real Estate: A Logical Fusion for New Millionaires
This initiative is part of a larger trend: the emergence of a new class of investors born in blockchain. For these profiles, conversion to dollars or euros is a hindrance, even absurdity. They prefer to buy in USDC, ETH, or even BTC, and expect high-end services to match their digital lifestyle.
And this is just the beginning. Kirman estimates that within five years, over a third of residential sales in the United States could be in crypto. An audacious figure, but indicative of the ongoing change in financing channels for high-net-worth individuals.
The Invisible House: Symbol of Architectural and Technological Shift
Accepting cryptocurrencies shows an openness to innovative buyers, some of whom are millionaires and billionaires in the crypto sector looking for real assets to diversify their portfolio.
Chris Hanley, owner of the Invisible House
Among the properties offered is the Invisible House in Joshua Tree. A spectacular property, with all-glass reflective walls, blending seamlessly into the Californian desert. Futuristic in its design, it perfectly symbolizes this fusion of radical design and digital finance.
A Turning Point for Global Real Estate?
This strategic shift by Christie’s could quickly inspire others. In an era where real estate markets seek to modernize and attract a younger, more digital clientele, crypto emerges as an obvious bridge between traditional wealth and decentralized assets.
It’s no longer a matter of innovation. It’s a matter of adaptation.
