Crypto kings are the real estate industry’s newest whales

By E.B. Solomont, Katherine Clarke | Wall Street Journal

When real-estate agent Ryan Serhant received an offer last fall for one of his listings, a roughly $25 million Downtown Manhattan apartment, he was pleased but dubious.

The buyer, to whom he gave a property tour, seemed nice but didn’t fit the profile of Mr. Serhant’s typical high rollers who often come from Wall Street or prominent families. This buyer said he was self- employed, but when Mr. Serhant googled him, he found nothing that explained his wealth.

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