[2018-01-29] Japanese Firm to Sell Commercial Complex for 547 BTC

[Rick Nolan]

Yitanzi, a Tokyo-based real estate startup firm, announced its plan to sell a commercial complex for 547 bitcoin (~$6 million). It will be the first building in Japan to be sold using bitcoin, the company said.

Yokozawa Yuske, CTO of Yitanzi said that the recent boom in real estate market is due to the gains from cryptocurrency investments as crypto investors are targeting the real estate market to spend the digital currency trading profits.

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