The first real estate investment trust (REIT) to accept cryptocurrencies for shares, has also adopted the meme-inspired cryptocurrencies Shiba Inu ($SHIB) and Dogecoin ($DOGE), as part of a partnership with crypto payments processor BitPay.
- via cryptoraq
I bet this will make the value of the coins move again - better if it makes them higher!
BitPay’s CEO Stephen Pair was quoted saying:
"This is another example of moving crypto mainstream. We see more investors asking to move cryptocurrency allocations into physical assets like real estate. This ability puts Noyack at the forefront of alternative investment management."
He also added that the “market potential for crypto adoption bridging into the physical world is huge” and added the firm estates $55 billion in “purchases and investments using cryptocurrency in the next 12 months.”