Christie’s Unveils Crypto Division for Its Real Estate Arm
Christie’s International Real Estate clients will be able to buy and sell homes via cryptocurrency.
On the back of major progress for crypto legislation in the United States, high-profile cryptocurrency adoption moves are accelerating rapidly. The latest to join the party is Christie’s International Real Estate — the luxury real estate arm of the legendary auction house — which will allow buyers and sellers to transact directly in cryptocurrency, bypassing the traditional banking system.
The activation sees an entire team of lawyers and analysts dedicated to handling real estate transactions via crypto payments. The New York Times reported that Christie’s has a portfolio of homes worth more than $1 billion available with…