Crypto-to-Real Estate: New Service Transforms Digital Assets into Japanese Property

According to BitpushNews, a former finance professional known as Mao Zong (@catmangox) has established a business enabling cryptocurrency holders to purchase Japanese real estate using digital assets like USDT.

After working in traditional banking and wealth management, Mao Zong began investing in Bitcoin in 2016 and later developed a niche service facilitating crypto-to-real estate transactions in Tokyo. While many crypto entrepreneurs focused on DeFi and NFTs, he identified growing demand from digital asset holders seeking to convert their wealth into physical investments.

The service addresses several key advantages for crypto investors: efficient cross-border payments that bypass traditional banking systems, potential tax benefits depending on jurisdiction, and alignment with younger investors' asset allocation preferences.

Japanese real estate has become increasingly attractive to foreign crypto investors. According to Tencent News , Chinese buyers accounted for 80% of foreign property purchases in Tokyo in 2022. Transaction volume increased 50% compared to 2021, with a particularly notable 120% surge between October and November 2022.

Mao Zong primarily acquires clients through Twitter, where he maintains a recognizable brand identity. He notes that building trust remains the greatest challenge, as crypto investors are often wary of intermediaries while traditional Japanese property sellers may be hesitant to work with crypto buyers.

Looking ahead, he remains cautious about fully integrating blockchain technology with real estate transactions, particularly Real World Assets (RWA) solutions. He notes that Japan's property market still relies heavily on traditional processes, including fax machines, which may delay adoption of smart contracts and automated solutions.