Open House Group has launched cryptocurrency payments for real estate transactions, making it easier for international buyers to invest in Japanese properties. Initially supporting Bitcoin and Ethereum, this initiative enhances customer convenience while leveraging the company’s strengths in property search, purchase, management, and sales consultation.
A comprehensive real estate portfolio across major cities
Open House Group offers a diverse portfolio in Tokyo, Nagoya, Osaka, and Fukuoka, including residential houses, condominiums, and investment properties such as studio apartments and office buildings. Through its integrated business model of development, sales, and management, the company provides end-to-end real estate solutions. Additionally, Open House Group extends its services to resort properties and U.S. real estate, offering clients expert consultation on property research, construction, and resale.
Leveraging blockchain for secure transactions
Since 2022, Open House Group has been exploring blockchain applications, including sponsoring research on Bitcoin’s Lightning Network. Yokiko Nishimura, leading this initiative, has been instrumental in establishing industry associations for financial institutions and cryptocurrency exchanges since 2015.
Bitcoin's transaction volume soared past $19 trillion in 2024, more than doubling its 2023 figures. The SEC’s approval of a Bitcoin ETF has further fueled institutional interest, driving prices to record highs. Open House Group sees these trends as opportunities to integrate blockchain technology for cross-border transactions and smart contract applications.
Starting today, customers can pay for income-producing properties with Bitcoin and Ethereum. Future expansion to other property types will be based on demand. Buyers must comply with their respective countries' legal and tax regulations. Contracts and key documents will be provided in Japanese, ensuring regulatory adherence.
