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Propy Introduces Crypto-Backed Loans for Tokenized Real Estate
Propy is launching a new real estate loan model that allows buyers to purchase properties using cryptocurrency while using the property as collateral. This innovation will debut on January 29 during the first tokenized condo sale in Hawaii.
Key Features:
— No traditional 30-day waiting period; transactions complete in minutes.
— Buyers use Bitcoin or Ethereum as collateral to secure the loan.
— The loan carries a 10% interest rate.
— After repaying the loan, buyers reclaim their cryptocurrency holdings, making it an attractive option for those who wish to retain their digital assets.
Event date: January 29, 2025 UTC
Propy
@propyinc
@propyinc
''Propy is revolutionizing the real estate sector with a new loan option where buyers can pay for the property in cryptocurrency and offer the property as collateral. The real-time loan will be available during Propy’s tokenized sale of a condo in Hawaii on january 29, which is
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Jan 30 00:11 (UTC)
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