Arte Surfside condominium boutique has opened the sale of apartments in Miami for BTC and Ethereum as part of a partnership with the SolidBlock trading platform.
According to the press release, the cost of the apartments starts at $10.3 M or the equivalent in crypto. Arte explained the decision to integrate digital assets as a means of payment by the abundance of venture capital and technology companies that have moved their headquarters to the city.
Miami Mayor Francis Suarez called the Arte initiative an important precedent. In his opinion, other organizations will follow this example.
Sapir Corp developer chairman Alex Sapir supported Suarez's vision. He admitted that in the future the city will turn into a cryptocurrency center for the United States.
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“Arte Surfside is the most special luxury building in the city, which is why we are positioning it as a destination for the billionaires of the future, half of whom will be crypto billionaires. This will happen as soon as bitcoin reaches the $ 200,000 mark, ”added Sapir. The residential complex is located in the Surfside area. Residences here were acquired by the daughter of Donald Trump and the owner of the New York Observer, Jared Kushner.
Earlier, Suarez talked about the possibility of paying salaries to civil servants in the first crypto.
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In March 2021, the city's mayor announced his desire to create a Bitcoin mining center in the city. A month later, the Miami-Dade authorities announced the creation of a working group to investigate the possibility of paying taxes on digital assets.