Entrepreneur Grant Cardone has entered the real estate sector by listing his $42 million property in Golden Beach, Florida, through a blockchain-based platform.
This move marks Cardone’s first foray into crypto real-estate innovation, and he used a decentralized title registry and escrow settlement protocol offered by Propy.
Propy is a blockchain-based platform for buying and selling real estate, providing a secure and transparent transaction platform. Cardone’s mansion listing on Propy shows the growing acceptance of blockchain in real estate.
“We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!” said Cardone.
Propy
Propy’s platform, which ensures transaction security through blockchain’s immutability, has taken a step further with its integration with Base Layer 2 technology. This integration significantly enhances efficiency and offers tokenized address markets through PropyKeys.
We’re excited to list @GrantCardone’s $42m property on Propy in Bitcoin, minted on @base via @PropyKeys. https://t.co/sULV0Q9rPD
— Propy (@PropyInc) July 2, 2024
Natalia Karayaneva, founder of Propy, emphasized the platform’s appeal to high-net-worth individuals, investors, and crypto buyers. She highlighted the listing’s availability in Bitcoin (BTC) and USD, hoping that Propy emerges as a real estate leader in cryptocurrency.
“It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers… The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto,” Karayaneva said.
