Propy, a technology company revolutionizing real estate through blockchain and AI, announced today that high-profile American entrepreneur Grant Cardone has listed a private property in Golden Beach, Florida, for sale on Propy’s blockchain-based real estate platform.

The property, with an asking price of $42 million, accepts cryptocurrency, marking Cardone’s first venture into proptech.

The home is listed on the Propy marketplace, with the deed minted on the blockchain.

Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions.

The platform accepts and converts cryptocurrency payments, ensuring that private information is secure throughout the transaction.

By automating and bringing the entire process online and onchain, Propy enables faster, easier, and more secure property closings compared to traditional real estate transactions.

“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 Grant Cardone.

The private address is minted on the PropyKeys protocol, an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum).

PropyKeys aims to bring one million home addresses onchain by 2025. The Propy marketplace also allows prospective buyers to pay using Bitcoin or US dollars.

“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.

With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process.

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,” said Natalia Karayaneva, Founder and CEO of Propy.