A Miami property has set a record for the highest price paid in cryptocurrency in a real estate transaction — US$22.5 million. It has not been revealed which digital assets the anonymous buyer used to make the purchase.
The record, which also broke Miami’s price-per-square-foot record, was set only a few days after the city hosted the world’s largest crypto event, the Bitcoin 2021 conference.
Developer Giovanni Fasciano of Sapir Corp said of the purchase: ”We are making Miami real estate history with this sale. Cryptocurrency is the future of wealth, and we believe this is only the beginning.”
Only last month, Singapore-based crypto exchange Zipmex partnered with Thai real estate developer One.Six to facilitate cryptocurrency payments for yet-to-be-completed luxury condominiums in a first for Southeast Asia.
Speaking with the Business Times, Chawin Athakravisunthorn of One.Six said: “By offering crypto as an alternative payment, we’re able to be more attractive and gain exposure to this [younger] market, where buyers may have been successful with crypto investments and want to diversify into [tangible] assets like real estate.”
Source:forkast.news
Coin | Change(%) | Price | Volume (24h) |
---|---|---|---|
Bitcoin (BTC) | 3.71 | $72,084.86 | $45.5B |
Ethereum (ETH) | 3.43 | $4,038.91 | $20.8B |
XRP (XRP) | 18.52 | $0.727106 | $4.4B |
Solana (SOL) | 1.58 | $147.242060 | $3.8B |
Binance Coin (BNB) | -2.22 | $519.52 | $3.0B |
USD Coin (USDC) | 0.03 | $0.999697 | $2.4B |
Dogecoin (DOGE) | 0.96 | $0.174374 | $2.1B |
Shiba Inu (SHIB) | -2.92 | $0.000033 | $1.7B |
Floki Inu (FLOKI) | -7.67 | $0.000267 | $1.3B |
Avalanche (AVAX) | 13.16 | $47.596296 | $1.2B |