Real estate agent INHOUSE COMMERCIAL announced on Monday that it has partnered with major crypto exchange FTX to start accepting payments in cryptocurrencies.
INHOUSE COMMERCIAL is a real estate agent operating in Miami, Florida, and it has currently put up two properties on 960 Alton Road and 1000 17th Street for sale. The company will accept payments in crypto assets for these two properties.
At the time of purchase, the crypto asset accepted by FTX will be converted to US dollars and the funds will be immediately transferred to the seller’s account. The conversion will take place immediately to minimize price fluctuations.
The property on Alton Road is a 31,350-square-foot, double-decker premium office building with a cinema and gym. The property on “1000 17th Street” is an 18,000-square-foot, three-story commercial facility designed by world-renowned architectural firm Arquitectonica.
In the company’s announcement, Jared Robins of INHOUSE COMMERCIAL said:
“As tech and crypto companies continue to move to South Florida, we are excited to partner with FTX. We foresee this partnership bringing increased interested in commercial assets from the tech community, especially with companies looking to purchase a headquarter office building.”
Over the years, Miami has become one of the most crypto-friendly cities in the world. The city’s authorities have taken several initiatives to promote this image, such as distributing the proceeds from the Citycoin project to citizens and its mayor Francis Suarez declaring that he will receive its salary in Bitcoin.
