Open House Group, a major real estate company listed on the Tokyo Stock Exchange, has announced that XRP, Sol and Doge will now accept for payments and bring the total number of cryptocurrencies accepted on the platform to five. Before this move, real estate companies only accepted Bitcoin and Ethereum.
As Open House is one of Japan's largest real estate companies, this move represents a significant advance in the acceptance of cryptocurrency.
News was shared on social media platform X Yoshikawa Islandformer VP of Ripple highlighted the importance of this milestone. Open House is Japan's fifth largest real estate company in terms of revenue, and this is a major move for the crypto sector.
In a press release written and translated from Japanese, Open House Group has begun offering information on cryptocurrency payments and multilingual inquiry receptions, along with Bitcoin and Ethereum, to make it easier for customers around the world to purchase real estate in Japan.
Using encryption configured to increase payments
By embracing XRP, Solana (Sol) and Dogecoin (Doge), open houses have set a precedent for mainstream crypto trading with high value purchases. The move will encourage other major Japanese companies, encourage them to follow suits worldwide, and further justify cryptocurrency as a viable payment option.
Related
XRP is currently the fourth largest cryptocurrency, with a market capitalization of $13.842 billion and a price of $2.38, Solana (Sol) at $66.1 billion and a price of $130, and Dogecoin (Doge) at a price of $2.49 billion.
The increasing use of cryptocurrency in real-world transactions demonstrates the usefulness of growing beyond transactions.
