Open House Group Co., Ltd., one of the top five real estate companies in Japan based on money made, now takes XRP for buying properties. Emi Yoshikawa, former Vice President of Strategy Initiatives at Ripple, shared this news on X. This move makes it easier for buyers from other places to acquire properties in Japan.
From Two Coins To Five Different Choices
On January 31, 2025, the Tokyo-headquartered company started to accept Bitcoin. At that time, Bitcoin and Ethereum were the only two big 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 when buying real estate.
Major Japanese real estate company Open House now accepts XRP for property 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
Easier For International Buyers
People from other countries can now use the altcoin to buy property in Japan, as long as it fits their own country’s rules. Open House Group owns and manages homes, office spaces, and studio condos in big cities like Tokyo, Osaka, Fukuoka, and Nagoya. The company handles everything from property development to sales and management, offering what they call “one-stop solutions” for their clients.
XRP Growing In Payments
In 2023, XRP was one of the top used cryptocurrencies for payments. According to BitPay, which works with many stores around the world, XRP payment transactions went up by 40% that year. Open House adding XRP shows that more businesses are integrating it for payments.
An image rendering of a real estate property in Japan. Source: Gemini Imagen
What This Means For The 4th-Largest Cryptocurrency
As the fourth-biggest cryptocurrency by market cap, XRP could see wider adoption thanks to this new development. Yoshikawa believes Open House Group is an important name in Japan’s real estate market.
Given the company’s strong position, many customers might choose to pay with XRP when buying properties. This could drive more people to use the cryptocurrency for large transactions.
Open House made this decision as more businesses worldwide are starting to accept cryptocurrencies as payment. Real estate, which involves big transactions and international deals, seems especially open to this trend. For buyers, using crypto can sometimes be quicker and easier than going through banks, especially for cross-border purchases.
Now, foreign buyers looking to buy property in Japan have more ways to pay without dealing with complicated wire transfers or currency exchanges. By adding XRP along with other popular cryptocurrencies, the company shows that it trusts these digital assets as reliable payment options for expensive purchases.
Featured image from Pexels, chart from TradingView
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