Proof surpasses $640 billion in real estate transactions

Proof, the trusted platform for securing the digital economy, reported that it has secured more than $643 billion in real estate transactions, including $151 billion in 2025 alone, reflecting a dramatic increase in demand and urgency for trusted identities across the sector. 

Activity on the Proof platform in 2025 shows that real estate has become a prime target for sophisticated identity fraud, representing one of the largest pools of household wealth in the country (about $55 trillion as of mid-2025). Fraudsters can now easily impersonate people with AI tools that fabricate the documents, images, voice, and video needed to pass through traditional identity checks.

“The old system of identity verification is fundamentally broken. And for an industry like real estate that deals with extremely high-value transactions, the lack of protection against identity fraud and digital impersonation is an existential risk,” said Pat Kinsel, CEO of Proof. “Fake IDs, deepfakes and more are all showing up in the real estate workflow, and Proof is catching them in real time. Our momentum in the sector over the past year tells us that there is a widespread need for secure identity verification that cannot be replicated by AI, for enterprises and individuals alike.”

Despite 2025 being a challenging year for the U.S. housing market where price growth flattened and inventory began to pile up, Proof’s transaction volume in residential real estate accelerated so much that they now make up nearly 24% of all real estate transactions on the platform to date, indicating that more title companies and lenders are moving online and prioritize secure, fraud-resistant transaction platforms. Proof works with some of the largest real estate enterprises in the U.S., including First American and United Wholesale Mortgage (UWM). 

"Our volume on Proof keeps increasing because it consistently makes real estate closings easier for everyone involved," said Melinda Wilner, COO of UWM, the largest wholesale mortgage lender in the country which completed more than 30,000 closings and refinancings on Proof in 2025. "Proof makes it seamless to serve our borrowers and brokers, especially when speed matters."

A wide range of high-risk real estate fraud attempts have been intercepted on Proof’s platform, from crude vacant-land impersonation to more sophisticated schemes involving 3D face-swapping and manipulated IDs. Proof’s notary network, identity verification tools, and fraud models continue to catch attempts that would easily bypass in-person checks at a bank or title office, where staff are often overwhelmed and forced to manually evaluate dozens of ID formats. 

“For most of our customers, transacting with us is the biggest and most important purchase of their life. It’s imperative that we maintain best-in-class security and fraud protection practices,” said Paul Hurst, Chief Strategy Officer at First American. “Working with Proof has enhanced our ability to safely scale digital closings by enabling identity verification assurance. It provides a new standard for trust and certainty in the signed documents we rely on.”

Learn more about how Proof is combatting real estate fraud here.