Open House Group Expands Payment Options with XRP for Real Estate Purchases

Open House Group Co., Ltd., one of the top five real estate companies in Japan based on revenue, has made a significant move by now accepting XRP as a payment option for property purchases. Emi Yoshikawa, former Vice President of Strategy Initiatives at Ripple, announced this development on X, underscoring the ease it brings to international buyers seeking to invest in Japanese real estate.

From Two Coins To Five Different Choices

Since January 31, 2025, the Tokyo-headquartered company has evolved its payment options from initially accepting only Bitcoin and Ethereum to now offering five cryptocurrencies: XRP, SOL (Solana), and DOGE (Dogecoin). This expansion allows customers greater flexibility when choosing to use digital currencies for real estate transactions.

Easier For International Buyers

With the introduction of XRP as a payment option, buyers from outside Japan can now utilize this altcoin to purchase properties, provided they comply with their home country’s regulations. Open House Group specializes in managing a diverse portfolio of homes, office spaces, and studio condos located in major cities such as Tokyo, Osaka, Fukuoka, and Nagoya. The company prides itself on offering “one-stop solutions” by handling everything from property development to sales and management.


XRP Growing In Payments

In 2023, XRP emerged as one of the most utilized cryptocurrencies for payments, with BitPay reporting a remarkable 40% increase in its payment transactions. Open House’s decision to integrate XRP demonstrates the growing trend of businesses adopting this cryptocurrency as a payment option.

What This Means For The 4th-Largest Cryptocurrency

Being the fourth-largest cryptocurrency by market cap, XRP’s acceptance by Open House Group may lead to increased adoption. Yoshikawa asserts that Open House Group holds a pivotal position in Japan’s real estate market, and this development could incentivize more customers to opt for XRP for significant transactions.

This move aligns with a global trend where more businesses are beginning to embrace cryptocurrencies as viable payment methods. Real estate, often characterized by large transactions and international dealings, appears particularly well-suited for this shift. For buyers, utilizing crypto can streamline the process, reducing the complexity that often accompanies traditional banking methods, particularly in cross-border transactions.

With the addition of XRP alongside other well-known cryptocurrencies, Open House demonstrates confidence in these digital assets as reliable payment alternatives for substantial purchases. Foreign buyers can now enjoy enhanced payment flexibility, avoiding cumbersome wire transfers or currency exchanges.

Featured image from Pexels, chart from TradingView

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