Open House Group Adds XRP, Expands Crypto Payment Options
2min read Open House Group Co., Ltd., a leading real estate company listed on the Tokyo Stock Exchange, has announced a significant development by expanding its payment options to include XRP, the native token of Ripple. This move is part of a broader strategy to streamline the process of purchasing properties, particularly for international buyers. The company, which is Japan’s fifth-largest real estate firm by revenue, now supports a total of five cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE).
Initially, in January 2025, Open House Group began accepting Bitcoin (BTC) and Ethereum (ETH) for property purchases. The company has now expanded its cryptocurrency payment options to include XRP, Solana (SOL), and Dogecoin (DOGE), bringing the total number of supported digital currencies to five. This move aims to provide greater flexibility and convenience for both domestic and international clients seeking to invest in Japanese real estate.
Ask Aime: What will be the impact of Open House Group's expansion of cryptocurrency payment options on real estate transactions in Japan?
To further accommodate its international clientele, Open House Group has launched “Open House Global,” a portal site offering information on cryptocurrency payments and multilingual support. This platform is designed to simplify the process for overseas customers interested in purchasing properties in Japan, ensuring compliance with their respective countries’ regulations. The inclusion of XRP, SOL, and DOGE in the payment options is a strategic move that aligns with the growing acceptance of digital assets in high-value transactions. By offering these cryptocurrencies, Open House Group is not only catering to a broader range of clients but also setting a new standard for the use of digital assets in the real estate sector. This development is expected to encourage other large corporations to explore cryptocurrency payments, further legitimizing digital assets as practical financial tools.
Open House Group's global portal, "Open House Global," plays a crucial role in this initiative. The platform provides multilingual customer support and detailed information on how to make property purchases using cryptocurrencies. This feature is particularly beneficial for overseas clients, making the buying process more accessible and straightforward. The company's decision to accept XRP, SOL, and DOGE underscores its commitment to innovation and its recognition of the potential of digital assets in the real estate market.
The acceptance of XRP, SOL, and DOGE by Open House Group is a significant milestone in the adoption of cryptocurrencies for real-world transactions. This move not only simplifies the buying process for property but also highlights the growing acceptance of digital assets in the financial sector. As more companies follow suit, the gap between traditional finance and decentralized technologies is likely to narrow, paving the way for a more integrated financial ecosystem. This initiative not only offers enhanced flexibility for investors but also underscores the growing acceptance and legitimacy of cryptocurrencies in mainstream financial activities. By embracing cryptocurrency payments, Open House Group is setting a precedent that could encourage other real estate firms to explore similar integrations, potentially transforming the global real estate market.
