As October comes to a close, the Propy team remains committed to advancing the future of real estate. With a focus on innovation and collaboration, this month has brought significant progress toward our vision of transforming the industry through blockchain and cryptocurrency.
Propy X Coinbase Prime: How to Buy Your Dream Home Securely with Crypto Escrow
October saw the launch of Propy’s Crypto Escrow Service, a groundbreaking initiative made possible through our collaboration with Coinbase Prime. Now we have your back during the whole buying and closing process!
Our Crypto Escrow Service offers:
Unmatched Security
Funds in escrow are safeguarded by Coinbase’s industry-leading custody solution, trusted to secure over $25 billion in cryptocurrency assets.
Tax Optimization
Delaying conversion can help buyers reduce their tax liabilities. With crypto gains taxed at rates between 10-37%, depending on income, this strategy can lead to substantial savings.
Versatile Payment Options
The service supports transactions with Bitcoin, Ethereum, and USDC—three of the most prominent assets, accounting for over 70% of the total cryptocurrency market cap.
Regulatory Compliance
As a US-licensed title company, Propy ensures all transactions adhere to strict regulatory standards, providing confidence in a rapidly evolving legal landscape./
Streamlined Simplicity
Our blockchain-enabled process replicates the familiarity of traditional real estate closings, making it easy for buyers, sellers, and agents to navigate seamlessly.
This announcement drew attention from industry leaders, including Tim Draper, who shared the exciting news, signaling that the future of real estate is here.
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Propy X Spaces
In October, Propy hosted two engaging X Spaces to showcase our partnership with Coinbase Institutional and explore blockchain’s transformative impact on real estate. These conversations featured a powerhouse lineup of experts, including Anthony Basilli, Head of Allocators and Tokenization at Coinbase Institutional; Anthony Scaramucci of SkyBridge; Michael Casey, Chairman of the Decentralized Society and former CCO at CoinDesk; Gary Cardone; and Jake Brukhman, Founder and CEO of CoinFund, among other industry visionaries.
The sessions went beyond surface-level discussions, diving deep into the mechanics of how blockchain technology is reshaping property rights and real estate transactions. Key topics included the practical applications of tokenization, the role of onchain technology in enhancing transparency and security, and its far-reaching potential to redefine global markets.
These insights not only highlighted blockchain’s ability to simplify real estate transactions but also painted a compelling picture of a future where property ownership is democratized, efficient, and accessible worldwide. Propy is proud to be at the forefront of this paradigm shift, driving the dialogue with some of the brightest minds in the space.
Missed the X Spaces? Watch the recordings here:
Coinbase and Propy: Major Announcement
Announcing the largest reward in Coinbase Wallet history
If you have any questions or want to get in touch with our team please email support@propy.com and we will contact you shortly!
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