A multi-million dollar penthouse in Miami Beach, Florida has reportedly set the record for becoming the?biggest known all-cryptocurrency real estate deal in the US.??
On 27 May, an anonymous buyer purchased the 5,067-square-foot penthouse for $22.5 million (almost Rs 164 crore), just weeks after the developer announced it would accept cryptocurrency as payment, Forbes reported.?
However, it¡¯s not disclosed what type of cryptocurrency the buyer has used.?
The penthouse consists of four bedrooms and four bathrooms, as well as a near 3,000-square-foot terrace with oceanfront views as its standout feature.
Alex Sapir, who, together with Giovanni Fasciano, developed Arte Surfside, asserted that deals of this type are very safe. He added that more and more people want to acquire other condos from the building with digital assets.?
Sapir told Forbes, ¡°There is strong pent-up demand for cryptocurrency transactions that are seamless and secure for both parties, and the deal at Arte is a prime example of that."??
¡°We were overwhelmed by the amount of calls we received from qualified buyers just after announcing our ability to facilitate cryptocurrency transactions. Real-world crypto transactions haven¡¯t made their way fully into the mainstream yet, so it¡¯s clear that top holders around the world pay attention when new opportunities to transact open up," Sapir added.??
Although buyers and sellers have closed large deals with Bitcoin as early as 2014, the latest purchase comes amidst a growing fanfare for the business transactions to be carried out in cryptocurrencies.?
As more deals take place with cryptocurrency, the more widely it will start to be accepted.??