Crypto holders on the hunt for a real property can now spend their digital assets on a 187-year-old estate in a Connecticut town.
According to the property’s listing agent,, the seller of a 4.3-acre farmhouse compound in Greenwich is now accepting crypto assets as a form of payment for the $5,995,000 asking price of the property.
The main residence at the heart of the property, known as the Levi Ireland house, was built in 1835 and was designated as a landmark in the wealthy town where homeowners tend to have several other homes for weekend retreats.
The house spans over 4,200 square feet and features five bedrooms, three bedrooms and a powder room. A carriage house with three bedrooms and a one-bedroom guest cottage also lie on the property.
In an interview with CNBC in May, Kevin Sneddon, the property’s listing agent, says that the property’s owner holds a lot of virtual assets and actively trades them. He says the unidentified seller will take top crypto assets Bitcoin (BTC) or Ethereum (ETH) as payment for the home.
Despite the volatile nature of digital assets, the seller has no plans to convert the potential cryptocurrencies received as payment for the home to cash or other assets.
“She’s not going to turn it over and convert it to anything else. She’s going to add it to her crypto portfolio.”
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Wit Olszewski