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Propy — Coinbase-Powered Crypto Real Estate Escrow
Propy operates a real estate transaction platform with crypto escrow supported by Coinbase Prime. Buyers can fund eligible closings with bitcoin, ether, or USDC while sellers and title parties receive agreed settlement funds.
Propy is a US real estate technology company founded in 2017 that combines listing, offer, title, and closing workflows. Its current Coinbase-powered crypto escrow service supports bitcoin, ether, and USDC for eligible property transactions. The buyer transfers digital assets into an escrow structure supported by Coinbase Prime, where the assets remain until closing conditions are met. At settlement, the transaction can deliver cryptocurrency or converted dollars according to the purchase contract, seller instructions, and title requirements. Propy states that its platform has processed more than $5 billion in real estate transactions, although that figure covers its broader closing business rather than crypto-only sales. The service is designed for brokers, buyers, sellers, and closing professionals who need documented source-of-funds and transaction records. Availability depends on property location, title arrangements, asset support, and compliance review. Propy also offers conventional digital closing tools, so participants should identify the crypto escrow option specifically when opening a file.