Exciting news from the Tokyo Stock Exchange! Open House Group, a major player in the real estate market, has just announced a significant expansion of its payment options. They’re now welcoming XRP, SOL, and DOGE, bringing the total cryptocurrencies they accept up to five. Previously, they were only set up for Bitcoin and Ethereum.

Considering Open House is a real estate giant in Japan, this move is a really big deal for the wider adoption of cryptocurrency payments.

The announcement made waves on social media, with Emi Yoshikawa, former VP at Ripple, sharing the news on platform X. She emphasized just how significant this step is. For context, Open House ranks as Japan’s fifth-largest real estate company by revenue – so yeah, this is a pretty huge deal for crypto!

According to a press release from Open House Group (originally in Japanese), this move is all about making Japanese real estate more accessible to international buyers. Their “Open House Global” portal is now set up to offer info on crypto payments and handle inquiries in multiple languages. And yes, they’re officially accepting XRP, SOL (Solana), and DOGE (Dogecoin), alongside their existing Bitcoin and Ethereum options.

Crypto utilization as payments set to increase

By embracing XRP, Solana (SOL), and Dogecoin (DOGE), Open House isn’t just keeping up with the times – they’re leading the charge for using crypto in big-ticket purchases like real estate. This could really inspire other major companies, both in Japan and worldwide, to jump on board and recognize crypto as a totally legit way to pay.

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Just to give you a sense of scale, XRP is currently the fourth-biggest crypto out there with a market cap of $138.42 billion and trading at $2.38. Solana (SOL) isn’t far behind at sixth place, boasting a $66.1 billion market cap and a $130 price tag. And Dogecoin (DOGE), while often seen as more ‘meme’ than ‘market mover’, still sits comfortably at eighth, with a $24.9 billion market cap and a price of $0.168.

Seeing cryptocurrencies used more and more for everyday purchases, especially big ones like houses, really shows that they’re becoming more than just something to trade – they’re actually useful in the real world.