Advertisement
AD

Main navigation

Bitcoin and Ethereum Now Accepted for Rent at Manhattan Office Buildings

Advertisement
Fri, 4/06/2021 - 14:08
Bitcoin and Ethereum Now Accepted for Rent at Manhattan Office Buildings
Cover image via stock.adobe.com
Read U.TODAY on
Google News

New York-based office developer firm KPG Funds now allows its tenants to pay their rent in Bitcoin and Ethereum, Commercial Observer reports.

CEO Greg Kraut claims that his company decided to introduce the new payment option after several customers expressed interest in it.

KPG Funds has registered with Luxembourg-based cryptocurrency exchange Bitstamp for accepting digital assets. According to Kraut, the real estate firm may consider holding the crypto it receives:

Advertisement

This allows us to instantaneously transfer digital currency or hold it.

The company acquires Class B and C office properties in Manhattan to renovate them and offer its clients a "bespoke workplace experience." 

Related
As reported by U.Today, office-sharing behemoth WeWork also started accepting cryptocurrency payments in April.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD