PANews reported on January 11th, citing Coindesk, that Nikolay Denisenko (former Chief Backend Engineer at Revolut), co-founder of the Lithuanian licensed cryptoPANews reported on January 11th, citing Coindesk, that Nikolay Denisenko (former Chief Backend Engineer at Revolut), co-founder of the Lithuanian licensed crypto
Hundreds of high-net-worth investors are using cryptocurrencies to buy real estate in Europe.
PANews reported on January 11th, citing Coindesk, that Nikolay Denisenko (former Chief Backend Engineer at Revolut), co-founder of the Lithuanian licensed crypto platform Brighty, revealed that the company has facilitated over 100 transactions for high-net-worth individuals to directly purchase European apartments using cryptocurrency. The number of clients served ranges from 100 to 150 and is growing rapidly. These residential real estate transactions primarily occurred in the UK, France, Malta, Cyprus, and Andorra, with transaction sizes ranging from approximately $500,000 to $2.5 million. These individuals spend an average of approximately $50,000 per month, primarily to diversify their investment portfolios.
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