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CNBC

Crypto breaks into real estate as it embraces blockchain technology

CNBC · New
CNBC
CNBC
New

CNBC's Diana Olick reports on the intersection between cryptocurrencies and real estate.

Breakdown
  • Blockchain technology is being adopted in the real estate market, starting with residential and expanding to commercial properties.
  • Fannie Mae and Freddie Mac now count cryptocurrency holdings as assets for loan qualification. 16s
  • Crypto-backed mortgages are available for both residential and commercial properties. 21s
  • Blockchain-based smart contracts and tokenization are streamlining property transactions and management. 1m 4s
  • Some experts predict the entire real estate industry could move to blockchain within ten years. 1m 19s
BusinessProperty & ArchitectureCrypto