Christie’s International Real Estate Launches Crypto Division for Property Sales in Digital Currency
Christie’s International Real Estate has become the first major US brokerage to establish a dedicated division for cryptocurrency-based property transactions, marking a significant shift in how high-end real estate may be bought and sold in the future.
The division, led by Aaron Kirman, chief executive of Christie’s Southern California arm, is made up of lawyers, analysts and crypto specialists tasked with handling property deals conducted entirely in digital currency.
The New York Times reported the move follows a number of successful high-value sales where cryptocurrency was used in lieu of cash, including a Beverly Hills home that sold for US$65 million (approx. AUD$96 million).
“The trend was obvious, crypto is…
