Catenaa, Thursday, October 16, 2025- Real estate technology company Opendoor Technologies will allow homebuyers to use Bitcoin and potentially other cryptocurrencies for property purchases, CEO Kaz Nejatian said recently.
The announcement came via social media, where Nejatian responded to a user query about crypto payments, saying the feature will be implemented once prioritized.
Opendoor’s stock rose to $8.38 from $8.11 following the CEO’s remarks. The company operates across 44 U.S. markets, has a market capitalization of $6.22 billion, and generated $1.57 billion in revenue during Q2 2025.
Nejatian’s confirmation positions Opendoor to appeal to crypto-wealthy buyers seeking to convert digital assets into real estate.
The adoption of cryptocurrency payments in real estate promises faster settlement, reduced banking friction, and simpler international transfers compared with traditional payment methods.
Opendoor’s instant cash offer model, along with its renovation and resale operations, could benefit from blockchain-based transaction speed and efficiency.
The company employs roughly 1,470 people and is exploring infrastructure adaptations to support digital asset payments.
Financial data from Q2 2025 shows Opendoor reduced operating expenses by 34.3% to $132 million, lowered net losses to $29 million, and improved earnings per share by 72.5% to -$0.01. EBITDA rose 113.3% to $8 million.
Opendoor’s move aligns with a broader trend of cryptocurrency adoption in real estate globally.
UAE developers such as RAK Properties, London luxury rentals, and California-based Caruso Properties are accepting Bitcoin and other digital assets. Beyond property, luxury brands, airlines, and retail chains increasingly integrate crypto payments to reach younger, digitally native consumers.
Opendoor has yet to announce a timeline for rollout or which cryptocurrencies beyond Bitcoin will be accepted.
