Lithuanian platform has facilitated over 100 crypto asset property transactions, with high-net-worth clients using digital assets to allocate European real estate.
【ChainWen】In the past two years, the application scenarios of crypto assets have truly become more and more practical. A licensed platform in Lithuania, Brighty, recently revealed some interesting data—they have helped clients complete over 100 transactions, directly purchasing European apartments with cryptocurrencies.
These transactions are mainly concentrated in the UK, France, Malta, Cyprus, and Andorra, with amounts ranging from $500,000 to $2.5 million. The client base is between 100 and 150 people, and it is still growing. According to Nikolay Denisenko, co-founder of the platform and former backend engineer at Revolut, these users spend about $50,000 on average each month. Their core purpose is quite clear—to diversify geographically and reduce investment portfolio risk.
From a certain perspective, this is a new way high-net-worth individuals are managing asset allocation. Using crypto assets for cross-border property purchases eliminates the complexity of traditional intermediaries and offers greater liquidity. This case also reflects a trend: crypto assets are gradually evolving from pure trading tools into actual means of payment for real assets, and actual transaction volumes are already proving this.
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FloorSweeper
· 22h ago
Damn, finally someone is serious about doing this. Over 100 transactions, not bragging.
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HodlOrRegret
· 01-11 01:00
Really? Is buying European real estate with crypto now so competitive?
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Layer2Arbitrageur
· 01-11 01:00
ngl, 100 txs is still peanuts for real adoption metrics. what's the actual settlement time vs traditional rails? if they're not shaving off 200+ bps in fees + time, this is just marketing theater lmao
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TokenCreatorOP
· 01-11 00:33
Buy a house directly? The crypto world is finally getting serious.
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PrivateKeyParanoia
· 01-11 00:32
100 transactions are indeed not few, but the big players still trust on-chain transparency more. Lithuania's recent move is a bit of a late realization.
Lithuanian platform has facilitated over 100 crypto asset property transactions, with high-net-worth clients using digital assets to allocate European real estate.
【ChainWen】In the past two years, the application scenarios of crypto assets have truly become more and more practical. A licensed platform in Lithuania, Brighty, recently revealed some interesting data—they have helped clients complete over 100 transactions, directly purchasing European apartments with cryptocurrencies.
These transactions are mainly concentrated in the UK, France, Malta, Cyprus, and Andorra, with amounts ranging from $500,000 to $2.5 million. The client base is between 100 and 150 people, and it is still growing. According to Nikolay Denisenko, co-founder of the platform and former backend engineer at Revolut, these users spend about $50,000 on average each month. Their core purpose is quite clear—to diversify geographically and reduce investment portfolio risk.
From a certain perspective, this is a new way high-net-worth individuals are managing asset allocation. Using crypto assets for cross-border property purchases eliminates the complexity of traditional intermediaries and offers greater liquidity. This case also reflects a trend: crypto assets are gradually evolving from pure trading tools into actual means of payment for real assets, and actual transaction volumes are already proving this.