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HomeCrypto NewsMarket$6B Real Estate Giant Opendoor to Accept Bitcoin

$6B Real Estate Giant Opendoor to Accept Bitcoin

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Opendoor, the $6 billion real estate giant, may soon join the growing list of companies embracing Bitcoin and crypto payments.

The company’s CEO, Kaz Nejatian, hinted at such a plan in a recent conversation on X, suggesting that Opendoor may soon allow customers to buy homes using Bitcoin. However, the firm has not yet released an official statement.

In the conversation, Nejatian told his audience that he wanted to let everyday shareholders ask questions directly to the management team during the next earnings call. He said he already had some ideas but was open to hearing suggestions. 

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Responding, Pavia Grawal, VP and Head of IT at Relativity, suggested that it would be great if Opendoor allowed people to buy homes using Bitcoin or other digital currencies. Nejatian confirmed that the company plans to make that possible but still needs to prioritize it.

Opendoor CEO on X
Opendoor CEO on X

How Could Opendoor Embrace Bitcoin?

As an iBuyer, Opendoor buys and sells homes directly, and it could leverage Bitcoin and crypto for multiple areas of its services. For one, the company could let buyers use Bitcoin for full or partial payments, such as down payments, when purchasing homes from its listings. 

In addition, sellers could also choose to receive payment in Bitcoin when selling their homes to Opendoor. Moreover, Opendoor could even allow customers to pay closing costs, title fees, or commissions in Bitcoin to make transactions smoother.

To handle conversions between Bitcoin and U.S. dollars, Opendoor may partner with a crypto custodian such as Coinbase. However, the company has yet to clarify which specific areas of its operations will adopt cryptocurrency payments or the timeline for rolling out the initiative.

If Opendoor follows through, it would be the company’s first step into the crypto scene. Although Opendoor has not worked directly with cryptocurrencies before, it has leadership experience that could make the transition easier

Specifically, the company’s Chief Legal Officer, Sydney Schaub, previously served as Chief Legal Officer at Gemini, one of the largest American crypto exchanges. 

Real Estate and Crypto

Notably, interest in the link between real estate and crypto has been building among industry experts. In August, Eric Jackson, founder of EMJ Capital, urged Opendoor to think creatively about making homeownership more affordable. 

He called attention to Roam, which introduced assumable mortgages and partnered with Lava, a Bitcoin lending platform, to present Bitcoin-backed loans for down payments. 

Jackson noted that Keith Rabois, an Opendoor board member, invested in both companies and clearly believes in their vision. He argued that Opendoor should bring the same level of creativity to its own business to boost growth and reignite its founding spirit.

Myles Snider, Head of Growth at Lava, agreed with Jackson, pointing out that Lava’s partnership with Roam could make home buying more flexible and affordable. 

Specifically, Lava, which recently raised $17.5 million, launched a program that lets customers buy homes without selling their Bitcoin by borrowing against it for down payments at below-market rates.

Real Estate Firms Adopting Bitcoin

Nejatian’s remarks come as more real estate companies continue to adopt Bitcoin and other cryptocurrencies. In July 2025, Christie’s International Real Estate became the first major U.S. brokerage to launch a dedicated crypto division after it began accepting Bitcoin for property sales. 

Meanwhile, in December 2024, La Rosa Holdings Corp. started accepting Bitcoin for agent commissions and client transactions. Earlier this year, Propy introduced Bitcoin- and Ethereum-backed loans for tokenized property purchases using Coinbase for escrow.

Moreover, by June 2025, Cardone Capital added about 1,000 BTC to its treasury and announced plans to buy 3,000 more as part of its broader Bitcoin strategy.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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