Miami, October 23, 2025 (GLOBE NEWSWIRE) – king Today it announced a $100 million expansion to modernize the $25 billion US real estate industry, while simultaneously debuting Agent Avery, the first AI-powered escrow officer for real estate closings. Through a hybrid financing package that integrates private credit with blockchain-based DeFi loans, the company is acquiring proprietary companies across the country. It will then upgrade those businesses to faster, more secure and fully digital closing processes, all powered by Propy’s innovative AI-powered Onchain model.
The title and escrow industry remains one of the last bastions of analog in the United States, fragmented across nearly 7,000 companies. last year, 63% of brokers reported title fraud in their marketwith Northeast residents reporting a rate of 92%. Propy Strategy: Acquire profitable companies in states such as California, Texas, and Florida, to fully digitize their operations using artificial intelligence and blockchain infrastructure, eliminating redundant paperwork, fraud risks, and multi-week delays.
Meet Agent Avery: the first AI-powered warranty employee
“Real estate has seen every type of digital upgrade except the most important one, which is how deals are actually closed.” said Natalia Karayaneva, CEO of Propy. “By automating the closing process itself, we are eliminating the inefficiencies that have slowed this industry down for decades. The productivity gains with AI are on par with what fintech has done for banking.”
Designed to eliminate the manual work that consumes nearly 70% of an escrow employee’s workflow, Avery manages contracts, compliance, communications, and money transfers in both traditional and crypto payments. Having been trained in thousands of property transactions, Avery understands RESPA regulations and real estate law, ensuring every closing remains compliant. Early betas demonstrate 40% lower workloads and up to 40% higher margins, allowing agents and title staff to handle more deals per month with a seamless, five-star customer experience for buyers and sellers.
“Client Avery and our acquisition strategy give us a path to expand nationally, transforming closings into a faster, AI-driven experience designed for modern buyers,” added Natalia Karayaneva, CEO.
Mergers and Acquisitions: Transforming Fragmented Services into High-tech, high-margin business operations
Founded in 2017, Propy has processed over $4 billion in digital real estate transactions and operates as a licensed title company with AI automation at its core. Having validated its model through early acquisitions, the company has now identified a clear path to expansion through the consolidation of profitable, mid-sized regional companies. It targets companies with revenue between $5 million and $50 million and with strong local roots. Propy offers them instant technology upgrades, greater efficiency and national scalability through its AI-powered platform, giving local businesses access to modern tools and a competitive advantage on a national level.
Expanding the Advisory Council for Financial and Political Leaders
Propy adds Chris Campbell (former US Assistant Secretary of the Treasury) and Mike Jones (Science Inc.) to its advisory board, joining Dr. Michael S. Biowar (former Commissioner of the Securities and Exchange Commission) and Michael Casey (former Chief Content Officer, CoinDesk, MIT) to guide Propy’s regulatory and capital structure. The company is backed by Tim Draper.
“There is a clear institutional appetite for innovation in real estate,” sAssistant Dr. Michael S. Piwar, executive vice president of the Milken Institute of Finance. “Propy’s use of AI automation and onchain infrastructure could redefine how real estate ownership is tracked and transacted in America.”
Agents, brokers, buyers and title companies can now request early access to Agent Avery – Propy’s AI escrow officer – to get a first look at how automated closings can reduce costs and speed up transactions. Learn more at proby.com/avery
About Probie
Propy is the only AI-powered title and escrow company that uses smart contracts. The Propy platform automates the entire real estate closing process – from offering to bond registration – using blockchain technology and artificial intelligence, allowing transactions to occur 24/7 with fewer intermediaries, less paperwork, and higher security. In doing so, Propy eliminates inefficiencies in legacy, outdated systems and removes cost barriers that prevent access to real estate. Propy’s founder, Natalia Karayaneva, a software engineer, has been a successful real estate professional for 15 years and built the company because she was frustrated with how time-consuming and common fraudulent real estate transactions were. For more information visit Propy.com.
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