Christie’s, a crypto-forward auction house, has created a team dedicated to facilitating real estate deals that will solely use crypto.
UK auction house Christie’s is reportedly spinning up a new division to allow crypto to be used for real estate purchases in the firm’s latest expansion of its digital asset services.
Christie’s International Real Estate now offers a team of crypto experts, lawyers and analysts to facilitate transactions where both the property seller and buyer want to work with crypto and not involve banks, The New York Times reported on Thursday.
Christie’s International Real Estate CEO Aaron Kirman told The Times he opened the service after the business made a few large real estate sales with crypto, one notable deal being for a $65 million house in Beverly Hills, California, that was purchased using Bitcoin (BTC).
