Miami Beach Penthouse Sold For ₹164 Crores Is The World’s Largest Crypto Currency Deal

by Suchismita Pal
Miami Beach Penthouse Sold For ₹164 Crores Is The World’s Largest Crypto Currency Deal

Cryptocurrency is emerging rapidly now. An ultra-luxurious penthouse in the Surfside neighbourhood of Florida’s Miami Beach was sold at ₹164 crores, which is currently the largest real estate cryptocurrency deal in the world. The penthouse is on the 9th floor of the 12-storey Arte Surfside building by Antonio Citterio. It is a four-bedroom penthouse with four bathrooms. It has a 3,000-square-foot terrace with stunning beach views. Besides these, Arte Surfside has a gym, a yoga studio, a sauna studio, a rooftop tennis court, indoor and outdoor swimming pools and a beachfront meditation pond.

Picture Credits: Forbes

The Deal Closed In Less Than 10 Days

The name of the buyer has been kept anonymous, but the entire blockchain deal took less than 10 days to close. The property has hi-end garages too, that are temperature controlled. There is a children’s playroom as well. A co-developer of Arte 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.”

Miami Beach Penthouse cryptocurrency
Picture Credits: Forbes
Miami Beach Penthouse cryptocurrency
Picture Credits: Forbes

Also Read: Indian Rupee Becomes Asia’s Top Performing Currency In May Amid Covid Second Wave

London’s ₹18 Billion Property Put On Bitcoin Deal

Recently, the most expensive property in London at One Hyde Park announced a cryptocurrency deal worth over ₹18 billion, which once sold, will surpass the Miami beach deal to become the most expensive real estate deal in the world. Meanwhile, the Taihuttu family of Turkey has travelled to 40 countries by transacting only through cryptocurrencies for 4 years. Dutch entrepreneur Didi Taihuttu travelled to 40 countries with his family by switching entirely to bitcoins for transactions. Taihuttus have been on bitcoins since 2017. The family covered large parts of Europe, Oceania and Asia by bargaining, bartering and transacting through bitcoin debit cards. They have convinced the vendors to accept cryptocurrencies. They exchanged bitcoin for cash and with the cash, they bought visas.

Also Read: 10 Gorgeous Countries With High Rupee Value Where You Can Travel Like Royalty

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