Christie’s International Real Estate has launched a new division focused on cryptocurrency real estate transactions.

The luxury brokerage has listed US$1 billion in luxury properties available exclusively for crypto payments.

This move follows several high-value property sales using digital assets, including a US$65 million deal in Beverly Hills.

The division includes lawyers, analysts, and cryptocurrency experts to manage transactions without banks.

Aaron Kirman, CEO of Christie’s Southern California, said some deals were completed without revealing the buyer’s identity.

He stressed the importance of verifying the legitimacy of the funds.

Kirman noted that cryptocurrency could make up more than a third of US residential property sales within five years.