Commercial Real Estate Units Sell For $14M In Crypto
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Five commercial real estate units at Mohawk in Wynwood, Miami have been purchased for $14 million in USDT, according to real estate-focused tokenization company Propy.
Propy said it facilitated the sale of the units being developed by Rilea Group.
CoinDesk was first to report the news.
Propy claimed it was the first time commercial real estate units have been sold for cryptocurrencies in the Miami real estate market.
Don’t Miss:
“This milestone reflects growing confidence in digital asset rails for commercial real estate, with Propy providing the compliant title and escrow infrastructure that enables these deals to…
