What is the difference between RealOpen and Propy?

They sit on different sides of a closing. Propy is a title and escrow company that runs the closing itself, with onchain deed records and the ability to handle crypto payments. RealOpen works for the buyer before and at funding: it verifies crypto holdings, issues a Proof of Funds letter for the offer, then converts the buyer’s crypto to U.S. dollars and wires them to whichever escrow or title company is closing the deal. The seller receives ordinary dollars.

Do I need the seller or title company to accept crypto?

Not with RealOpen. Because the crypto is converted and the escrow account receives a normal U.S.-dollar wire, the seller, listing agent, and title company handle the purchase like any dollar-settled deal — on a cash contract or a financed one. That is why it works on any listing, not only on properties marketed as crypto-friendly.

Can RealOpen and Propy be used on the same purchase?

In principle, yes. RealOpen wires dollars to the escrow or title company named in the purchase contract, whoever that is. The choice of title company usually belongs to the parties and the contract, not to RealOpen.

Does either company offer a crypto mortgage?

Neither is a lender. Propy announced a partnership in May 2026 with Milo, a crypto mortgage lender, under which Milo lends and Propy closes. RealOpen has no lending product or lending partnership of that kind; buyers who finance use a traditional QM or non-QM mortgage from their own lender, with RealOpen verifying crypto for reserves and converting the down payment.

Is a home bought through either one “on the blockchain”?

With RealOpen, no — and by design. You receive an ordinary recorded deed to an ordinary property. Propy can additionally record transaction documents onchain; the legal deed is still recorded with the county.

RealOpen vs. Propy

Two different jobs in a crypto home purchase

Propy and RealOpen get named together because both come up when someone asks how to buy a house with crypto. They do different jobs. Propy is a title and escrow company — it runs the closing, with a blockchain layer on the paperwork. RealOpen is the buyer’s funding side: it proves your crypto so you can make an offer — all-cash, or financed with crypto funding the down payment — then converts it to dollars and wires the escrow or title company on your deal. The seller is paid in dollars and never has to think about crypto.

Propy description last checked: September 20, 2026, from propy.com. RealOpen is not affiliated with Propy.

The one-sentence version of each

Propy: a blockchain-enabled title and escrow company — closings, onchain transaction records, and crypto payments handled inside its own closing process.

RealOpen: crypto proof of funds plus crypto-to-dollar conversion at closing, wired to any escrow or title company, for any listing on the market.

Side by side

	Propy	RealOpen
Role in the deal	Title and escrow: runs the closing	Buyer’s funding: proof of funds, conversion, and the wire into escrow
Which properties	Closings handled by Propy, where it operates	Any listing, with whichever escrow or title company the contract names
What the seller receives	Depends on how the closing is structured; crypto payment is supported	U.S. dollars, by wire — an ordinary dollar closing from the seller’s side, on a cash or financed contract
Before the offer	—	Wallet verification and a Proof of Funds letter so the offer competes as cash
Blockchain records	Transaction documents can be recorded onchain	None. A standard recorded deed
Financing	Not a lender; partnered with crypto mortgage lender Milo (May 2026)	Not a lender; supports a traditional mortgage with verified reserves and a documented crypto down payment

Which one you need

Start from the house, not the platform. If the home you want is a normal listing with a normal seller — which is nearly all of them — the question is how your crypto becomes an accepted offer and then good funds in escrow. That’s RealOpen’s lane:

Verify your wallets and get a Proof of Funds letter in minutes
Make an offer on any property; the seller sees a dollar wire through escrow — on a cash contract or a financed one
At closing, send crypto; RealOpen converts and wires dollars to escrow
Financing instead? Verified reserves and a documented down payment for your own lender

If what you value is the closing process itself being digitized and recorded onchain, that’s what Propy built. The two aren’t mutually exclusive — RealOpen wires to the escrow or title company on the contract, whoever it is. For the wider field, see crypto real estate companies: who does what.

Get your crypto Proof of Funds

RealOpen vs. Propy

The one-sentence version of each

Side by side

Which one you need

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