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Ivanka Trump’s luxury Miami apartment block accepting crypto for condos

Luxury Miami apartment Arte Surfside will now settle for cryptocurrency as a type of fee for its remaining luxury residences — together with the Villa Nove penthouse, presently listed for $38 million.

The agency has partnered with buying and selling platform SolidBlock, permitting potential consumers to pay in a number of cryptocurrencies, together with Bitcoin and Ether.

The area’s “most unique” condominium is already dwelling to Ivanka Trump and Jared Kushner, in addition to trend blogger Arielle Charnas from Something Navy. It’s now making an attempt to enchantment in direction of crypto millionaires and billionaires attracted by Miami’s Bitcoin-friendly repute.

According to the announcement, the most cost effective apartment out there begins at $10.3 million with areas starting from three to 5 bedrooms, with entry to a 75-foot indoor pool, meditation pond, rooftop tennis court docket, and personal temperature-controlled parking areas. The highest sale so far was $33M for the penthouse condo — the identical one which has simply been relisted at $38 million.

Developers Sapir Corp famous that quite a lot of high Silicon Valley firms and enterprise capital corporations had moved to the town and this performed a job within the resolution to just accept cryptocurrencies.

Miami Mayer Francis Suarez has already met with ‘Dogecoin CEO’ Elon Musk, Twitter CEO Jack Dorsey, and Google CEO Eric Schmidt in an effort to persuade them to maneuver operation to the sunny state. Cryptofinance agency XBTO Group has a brand new workplace there, Scott Minerd from international funding agency Guggenheim Partners and Peter Thiel-associate Keith Rabois have purchased property, and VC Delian Asparouhov joked on social media about transferring Silicon Valley to Miami.

Chairman of Sapir Corp Alex Sapir mentioned the corporate supported Mayor Francis Suarez’s imaginative and prescient to make Miami a cryptocurrency and know-how hub.

“As essentially the most unique luxury constructing within the metropolis, we’re positioning ourselves for a future the place half the world’s billionaires are crypto billionaires, which is able to occur as soon as Bitcoin reaches $200,000. With cryptocurrencies already creating unbelievable worldwide wealth, it is actual property that can maintain that wealth and supply consumers with a legacy.”

Over the final yr, Suarez has made it clear that he desires to landmark Miami because the country’s crypto center and he hailed Arte’s announcement as the primary of many.

“The embrace of cryptocurrency and rising applied sciences throughout all sectors of trade is exactly how Miami will turn out to be the town of the century,” mentioned Mayor Francis Suarez. “Arte is setting an essential precedent and I will not be stunned to listen to related tales within the close to future.”

A resolution for a brand new cryptocurrency job pressure handed on May 6, trying on the feasibility of permitting the Miami-Dade county to just accept cryptocurrencies as a type of fee for taxes, charges, and providers.

Next month, Miami will host the world’s largest Bitcoin convention, Bitcoin 2021 convention.