Propy has rolled out a unique instant onchain loan feature aimed at tokenized real estate in Hawaii, particularly for a Honolulu condominium sale scheduled on January 29.

This financial solution allows buyers to leverage Bitcoin and Ethereum as collateral alongside the property, enabling real-time processing for loans, which ensures a streamlined ownership transfer.

The property on 410 Atkinson Drive is valued at 250,000 USD, marking Hawaii’s inaugural onchain real estate sale, showcasing Propy’s commitment to enhancing security and efficiency using blockchain technology.