Open House Group Co., Ltd., one of the five most important real estate companies in Japan, based on money, occupies XRP for buying real estate. Emi Yoshikawa, former Vice President of Strategy Initiative at Ripple, shared this news about X. This step facilitates buyers from other places to acquire real estate in Japan.
From two coins to five different options
On January 31, 2025, the company began to accept Bitcoin. At that time, Bitcoin and Ethereum were the only major cryptocurrencies used for payments. Now Open House added three more: XRP, Sol (Solana) and Doge (Dogecoin). Customers now have five different digital currencies to choose from buying real estate.
The large Japanese real estate company Open House is now accepting XRP for real estate purchases in Japan 🇯🇵!
オープンハウス、暗号資産 XRP Sol Doge 決済対応開始。グローバル顧客向け中国語繁体字サイトも同時オープン。 https://t.co/vfbcus04LF
– Emi yoshikawa {x} (@emy_wng) March 21, 2025
Lighter for international buyers
People from other countries can now use the old coin to buy property in Japan as long as it corresponds to the rules of their own country. Open House Group has and manages houses, office space and studio owner apartments in large cities such as Tokyo, Osaka, Fukuoka and Nagoya. The company takes care of everything from real estate development via sales and management and offers its customers what it calls “one-stop solutions”.
XRP grow in payments
In 2023, XRP was one of the best used cryptocurrencies for payments. According to Bitpay, which is working with many shops around the world, the XRP payment transactions rose by 40%this year. Open House Adding XRP shows that more companies integrate it for payments.
An image rendering of a real estate property in Japan. Source: Gemini Imagen
What this means for the fourth largest cryptocurrency
Thanks to this new development, XRP was able to see broader acceptance as the fourth largest cryptocurrency after market capitalization. Yoshikawa believes that the Open House Group is an important name on the Japan’s real estate market.
In view of the strong position of the company, many customers can pay with XRP when buying real estate. This could make more people use the cryptocurrency for large transactions.
Open House made this decision because more companies worldwide begins to accept cryptocurrencies as a payment. Real estate that contains large transactions and international business seems to be particularly open to this trend. For buyers, the use of crypto can sometimes be faster and easier than by banks, especially for cross -border purchases.
Now foreign buyers who want to buy real estate in Japan have more options to pay without dealing with complicated cable transmissions or currency exchanges. By adding XRP together with other popular cryptocurrencies, the company shows that it trusts these digital assets as reliable payment options for expensive purchases.
Selected picture of Pexels, Diagram by Tradingview
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