KPG Funds to Accept Cryptocurrency for Office Rent
KPG Funds to Accept Cryptocurrency for Office Rent
Captured By Gokul K / 6:00 am on 5 June 2021
KPG Funds has made arrangements for its tenants to use the Bitstamp exchange to convert cryptocurrency USD Coin into dollars in order to pay their leases. KPG is the latest real estate firm to enter the cryptocurrency market. Landlords in New York City are also considering using cryptocurrency's underlying technology as the foundation for a carbon emissions trading system. WeWork announced in April that it would begin taking Bitcoin as payment for workspaces from its members.