PANews reported on October 24 that RWA real estate project Propy stated on the X platform that it will release an announcement with Coinbase Prime at 3 am Beijing time on October 25.

According to a report by TenSquared, a crypto fund focusing on the digital asset ecosystem, Propy focuses on providing property rights services through its blockchain-based platform to enable digital asset transfers. Its platform supports cryptocurrencies and fiat currencies, and provides on-chain custody services to safely hold assets including cryptocurrencies, thereby avoiding potential tax implications and the need to repurchase currencies when transactions are not completed.

With Propy’s title and escrow licenses, the company has processed over $4 billion in transactions. Through PropyKeys, their service for creating real estate addresses on-chain, they have placed over $10 billion on-chain globally.