Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
Citigroup has published a series of comments on mortgages backed by cryptocurrency as well as digital real estate in the Metaverse. Source
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Estate
DeFi Moves Into Real Estate With Tower Fund and Teller Protocol Partnership
Historically, real estate debt funds, which help connect borrowers with short-term capital for commercial real estate projects such as multifamily buildings, shopping centers, construction loans, etc., have been the preserve of large, specialized investors, and not available to the large and nascent capital pool found in DeFi. Source
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Blockchain investments are disrupting the real estate industry: Report
The Cryptox Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library from the industry leader in tokenization. This report from Security Token Market and sister company Security Token Advisors covers the rapidly emerging asset-backed real
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Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto – Featured Bitcoin News
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into
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One of Brazil’s Leading Real Estate Companies, Gafisa, Accepts Crypto as a Form of Payment
Cryptocurrency continues to gain worldwide acceptance as various companies begin to accept crypto as a form of payment. A Leading Brazilian real estate company, Gafisa, has already started accepting crypto for property sales in a similar development. According to Gafisa’s back rooms, “Bitcoin is ideal for real estate development businesses since
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Consider Digital Assets Instead of Still-Pricey Real Estate, Say JPMorgan Strategists
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Metaverse Real Estate – Next Big Thing or Next Big Boondoggle?
Nearly all of this, of course, relies on one foundational assumption: That people will care about the metaverse. And that, in turn, is effectively a bet on the growth of crypto. If the metaverse flops, your “land” is worthless. At least in the real world, if you buy a home
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Dubai Real Estate Developer to Accept Crypto Payments Amid UAE Push for Crypto Hub Status
Several of the world's biggest crypto exchanges have flocked to the emirates in the last few months. Source
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Propy partners with Abra to provide crypto-backed real estate loans
Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets. Propy customers can now put up digital assets as collateral for their real estate purchases through Abra Borrow, a cryptocurrency lending and
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Colorful billionaire’s Dubai real estate firm now accepts BTC and ETH
Multi-billion dollar Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin (BTC) and Ether (ETH) payments for its luxury abodes. DAMAC Properties was founded by colorful billionaire Hussain Sajwani in 2002, and the firm has conducted business throughout the middle east, Canada and the U.K. It also owns high-end
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