Crypto Transactions Surge in Spain's Real Estate Market

According to Enlace, a real estate tech company, the number of real estate transactions involving some form of cryptocurrency as payment has surged this year. The company found that this usage grew by 15% in 2024, driven by the benefits these payment methods offer over traditional purchases, including the rapid deployment of funds and savings compared to international bank transfers. This trend is more common in major cities like Barcelona, Madrid, and Valencia, which account for 60% of all crypto transactions made in this industry. Enlace estimates that around 6% of all real estate transactions were linked to crypto payments in 2024.