Crypto and Real Estate Soulmates, Made for Each Other

Regardless of whether you’re selling, buying, or tokenizing real estate, it is undeniable that the real estate/property market and blockchain are intricately interconnected. As purchasing real estate using bitcoin has become an option, the broader potential of bitcoin to revolutionize the industry is becoming apparent. The confluence of crypto and the real estate market is no longer fanciful speculation, but a burgeoning sector that has already started to reap dividends. 

Real estate evolved: buying to tokenizing

Not many assets are more illiquid than real estate. The interbreeding between real estate and blockchain can be observed as far back as 2013 when Ragnar Lifthrasir initiated the International Blockchain Real Estate Association (IBREA). IBREA, as a fundamentally academic resource, did not garner much attention in its own right. However, it demonstrated that cross-sector interest was present and brewing. This mutual curiosity and interest took some time to evolve into the swapping of coins and keys – when this finally happened, Bitpay became one of the market pioneers.

During January of 2017, Bitpay revealed that in one of the real estate purchases in which the organization had been involved, the seller raked in an extra 1.3 million USD. The property was valued at approximately 4 million ...


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