The first quarter of 2025 marked a turning point. Not just for Propy, but for the broader real estate sector. With record-breaking growth, foundational product launches, and historic onchain transactions, Propy proved that blockchain-powered real estate is no longer theoretical. It is active, it is scaling, and it is delivering value today.
A Record-Breaking Start to the Year
Q1 was Propy’s strongest quarter on record. We saw a significant increase in transaction volume, platform usage, and overall revenue. This was driven by growing demand for frictionless, blockchain-enabled real estate solutions.
Buyers, agents, and institutional players are turning to Propy not only to streamline closings, but to unlock a fundamentally new model of property ownership. One that is faster, smarter, and more transparent.
The Launch of Crypto-Backed Real Estate Loans
In January, Propy launched the first-ever BTC-backed real estate loan. A product that immediately reshaped what is possible in property financing.
Buyers can now secure up to 100% financing using BTC or ETH as collateral. Loan approval and property settlement are executed entirely onchain. There is no need for traditional down payments, no asset liquidation, and no legacy paperwork.
This is more than a lending innovation. It is a new financial rail for real estate, bridging crypto wealth with real-world assets. The launch received wide coverage across top-tier outlets including CoinDesk, Binance, and Bitget. These headlines reflected the product’s impact on both the crypto and real estate sectors.
Read the full CoinDesk article
A Historic Onchain Real Estate Sale in Hawaii
This quarter, Propy facilitated Hawaii’s first onchain real estate transaction, a landmark deal that showcased the full capabilities of blockchain-based settlement.
The property, located in Honolulu’s Ala Moana resort district, attracted multiple verified onchain offers. The winning one was funded through our BTC-backed loan, with every step completed onchain, from instant ID verification to offer submission and final signing.
The process was seamless, transparent, and efficient. This wasn’t a test or a concept. It was a fully executed, high-value transaction that demonstrated how real estate can now move at the speed of crypto, with the trust of blockchain infrastructure.
Read more: https://propy.com/browse/ala-moana-1320/
“Own Your Tomorrow” Campaign Launch
In February, we launched our new campaign, Own Your Tomorrow. A call to rethink how homeownership works, who it is for, and how it should evolve.
The campaign debuted with our first commercial and focused on the widening gap between traditional systems and modern buyer expectations. Millennials and Gen Z face record-high housing barriers. Propy is building an alternative path. One that uses smart contracts, tokenized listings, and crypto-backed financing to increase access, reduce costs, and eliminate friction.
With over 4 billion dollars in transactions processed and $PRO now listed on Coinbase, the campaign reinforced what Propy stands for. Ownership should not be out of reach. It should be simple, secure, and possible for everyone.
Learn more
Educating Agents, Coast to Coast
Propy is not only building technology. We are helping the industry evolve with us.
Throughout Q1, we conducted multiple state-approved Continuing Education (CE) courses—both online and in-person—across Florida, Colorado, and Arizona. Hundreds of real estate professionals participated, learning how to navigate blockchain deals, leverage smart contracts, and support crypto-enabled buyers.
Each session was filled with engaged agents who asked sharp questions, shared real-world challenges, and openly discussed the limitations of legacy title and escrow systems. These were not passive trainings. They were active conversations focused on solving real problems and preparing for what comes next.
The response confirmed what we have long believed. Real estate professionals are not resisting change. They are ready to lead it.
Platform Redesign 1.0 Launch
We deployed the first phase of our platform redesign, delivering a more modern, intuitive listing experience for all users. This release sets the foundation for a series of upcoming updates. Each designed to support broader adoption, institutional usage, and increased onchain activity.
Enhanced Propy Map for Key Markets
We also supercharged the Propy Map, giving buyers and investors in Florida, Colorado, and Arizona better tools to explore listings and onchain activity. As we grow, this feature will play an even bigger role in connecting users to real estate across markets.
300,000+ Addresses Minted on PropyKeys
In March, we hit a major milestone: over 300,000 addresses minted through PropyKeys on Base.
What began as a gamified way to claim your property identity has evolved into a powerful use case for blockchain in the real world. Homeowners are securing their identities onchain, protecting themselves from title fraud, and asserting ownership directly from their wallets.
This isn’t theoretical. It’s real adoption, happening at scale.
Mint your address onchain
Looking Ahead
Q1 demonstrated what is now possible when real estate meets blockchain. With innovations like the first-ever BTC-backed real estate loan, seamless on-chain closings, and trusted, compliant education, Propy is creating the kind of infrastructure the industry needs today—and can grow into the future.
As we move into Q2, our focus is clear: expand adoption, strengthen the platform, and keep proving, transaction by transaction, that the future of real estate is already here.
