Kanye West's Former Malibu Home Pitched as Crypto Timeshare

The new owner is selling 'blockchain-secured' stakes in the Tadao Ando-designed home, as he stares down foreclosure

Holly Bieler · August 14, 2026 · Malibu

The saga of Kanye West's former Malibu Rd. home has taken another strange turn, with the property now being marketed as a cryptocurrency-backed timeshare.

The oceanfront home is being offered as part of a members-only club called Populis, [Realtor.com is reporting](https://www.realtor.com/news/celebrity-real-estate/kanye-west-steven-bo-belmont-foreclosure-malibu-beach-house/). Members can purchase "SmartDeeds," blockchain-secured passes granting "partial economic ownership" of the property. Tiers range from $1,000 to an invitation-only $300,000 "Founders Circle," which includes perks like a chef dinner, concierge scheduling and four stays a year.

The pitch comes as the home's owner faces the prospect of losing it. Bo Belmont, who purchased the house from West for $21 million in 2024, was hit late last year with a [notice of default](https://therealdeal.com/la/2025/12/02/kanye-wests-former-malibu-home-to-become-timeshare/) on his $18.5 million mortgage, after allegedly missing nearly $815,000 in payments. Belmont's listing agent says he is rectifying the default to avoid foreclosure.

West bought the Tadao Ando-designed home in 2021 for $57.3 million, before famously gutting it down to the studs, stripping out the electricity, plumbing and even windows. Belmont listed the property for $39 million last August, and has since dropped the price to $34.9 million.