Open House Group Co., Ltd is a Tokyo-based real estate company. has announced that it is accepting XRP as a payment option to simplify the purchasing process in Japan.
Yoshikawa Emi, Vice President of Strategic Initiatives at Ripple, highlighted the development in a recent X post.
Major Japanese real estate company Open House accepts XRP for real estate purchases in Japan 🇯🇵!
Open House, cryptocurrency XRP SOL DOGE payments now available. Traditional Chinese characters websites for global customers will also be opened at the same time. https://t.co/vfbCUs04lf
-Yung>=)26: I’ve received it directly from (Th)20.
Open House expands crypto payment options
Remember, on January 31, 2025, Open House introduced crypto payment options for property purchases. At the time, it initially supported two largest cryptocurrencies with market capitalizations Vitocoin and Ethereum.
The company expanded its payment options to include more crypto assets, including XRP. Following this development, international clients can use XRP to pay for Japanese real estate. The initiative aims to simplify the process of purchasing real estate in Japan for customers around the world.
In addition to XRP, the company added Sol and Doge to the list, bringing the total number of supported crypto assets to five.
The real estate company emphasized that international clients can only pay for the property using supported cryptography, as long as they comply with the laws of their respective countries of residence.
Potential impact on XRP
Open House support for XRP as a payment option could potentially boost the adoption of the fourth largest cryptocurrency by market capitalization.
Yoshikawa says Open House Group is a “pretty big” real estate company in Japan. She emphasized that she is currently ranked as the fifth largest Japanese real estate company by revenue.
Given its dominant position in the Japanese real estate market, many customers may choose to pay for XRP real estate and drive a wide range of token adoption.
For context, open houses have real estate in major Japanese cities such as Osaka, Tokyo, Fukuoka and Nagoya. These include residential homes, office buildings and studio apartments.
Open House’s business approach covers real estate management, sales and development, allowing clients to provide a comprehensive one-stop solution.
Meanwhile, several businesses around the world have integrated XRP into their payment options for years. In 2023, XRP ranked as one of the most frequently used cryptocurrencies for payment transactions. In particular, BitPay, a platform that promotes crypto payments for hundreds of global merchants, has increased payment volume by 42%.
