The Luxury Miami apartment block of Ivanka Trump now accepting crypto.

The Luxury Miami apartment block of Ivanka Trump now accepting crypto.

For its remaining luxury residences — including the Villa Nove penthouse, currently listed for $38 million, Luxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences.

Allowing potential buyers to pay in multiple cryptocurrencies, including Bitcoin and Ether, the firm has partnered with trading platform SolidBlock.

It’s now attempting to appeal towards crypto millionaires and billionaires attracted by Miami’s Bitcoin-friendly reputation, because the region’s “most exclusive” condominium is already home to Ivanka Trump and Jared Kushner, as well as fashion blogger Arielle Charnas from Something Navy.

With access to a 75-foot indoor pool, meditation pond, rooftop tennis court, and private temperature-controlled parking spaces, the cheapest condo available starts at $10.3 million with spaces ranging from three to five bedrooms. The Penthhouse condo is the highest sale till date, which was at $33M and of which it has just been relisted for $38 million.

Developers Sapir Corp noted that a number of top Silicon Valley companies and venture capital firms had moved to the city and this played a role in the decision to 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 convince them to move operation to the sunny state. Cryptofinance firm XBTO Group has a new office there, Scott Minerd from global investment firm Guggenheim Partners and Peter Thiel-associate Keith Rabois have bought property, and VC Delian Asparouhov joked on social media about moving Silicon Valley to Miami.

Chairman of Sapir Corp Alex Sapir said the company supported Mayor Francis Suarez’s vision to make Miami a cryptocurrency and technology hub.

“As the most exclusive luxury building in the city, we’re positioning ourselves for a future where half the world’s billionaires are crypto billionaires, which will happen once Bitcoin reaches $200,000. With cryptocurrencies already creating incredible worldwide wealth, it’s real estate that will sustain that wealth and provide buyers with a legacy.”

Over the last year, Suarez has made it clear that he wants to landmark Miami as the country’s crypto center and he hailed Arte’s announcement as the first of many.

19 Comments

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