Crypto Fanatics and Their Love for Real Estate
Despite the recent downfall of cryptocurrency, it is a rising trend amongst "crypto bros" to invest in real assets ? specifically, real estate.
The post Crypto Fanatics and Their Love for Real Estate appeared first on LUXUO.
For an industry that prizes digital assets, some of its most well-heeled proponents are actually very much into real assets, specifically real estate.
If a man?s home is his castle, then cryptocurrency has helped to build some mighty impressive ones for its early adopters and most successful players.
Despite the current so-called ?Crypto Winter,? some of the biggest names in the cryptocurrency industry were snapping up prized real estate assets from Seoul to Singapore, the Bahamas to Dubai, during the halcyon days of plenty.
During its heydays, founder of Terraform Labs and the infamous face of algorithmic stablecoin TerraUSD and its sister token Luna, Do Kwon, once lived, and possibly continues to live, at Singapore?s ritzy Nassim Road neighbourhood, one of Singapore?s most exclusive residential enclaves.
Dubbed the ?Beverly Hills of Singapore? by the South China Morning Post, Nassim Road is a quiet tree-lined street that?s the equivalent of Singapore?s billionaire mile, with mere millionaires priced out of this exclusive zip code and dominated by ?good class bungalows? or ?GCBs? for short.
Singapore?s most coveted type of housing, GCBs are officially classified by the government and require land in excess of 15,000...
The post Crypto Fanatics and Their Love for Real Estate appeared first on LUXUO.
For an industry that prizes digital assets, some of its most well-heeled proponents are actually very much into real assets, specifically real estate.
If a man?s home is his castle, then cryptocurrency has helped to build some mighty impressive ones for its early adopters and most successful players.
Despite the current so-called ?Crypto Winter,? some of the biggest names in the cryptocurrency industry were snapping up prized real estate assets from Seoul to Singapore, the Bahamas to Dubai, during the halcyon days of plenty.
During its heydays, founder of Terraform Labs and the infamous face of algorithmic stablecoin TerraUSD and its sister token Luna, Do Kwon, once lived, and possibly continues to live, at Singapore?s ritzy Nassim Road neighbourhood, one of Singapore?s most exclusive residential enclaves.
Dubbed the ?Beverly Hills of Singapore? by the South China Morning Post, Nassim Road is a quiet tree-lined street that?s the equivalent of Singapore?s billionaire mile, with mere millionaires priced out of this exclusive zip code and dominated by ?good class bungalows? or ?GCBs? for short.
Singapore?s most coveted type of housing, GCBs are officially classified by the government and require land in excess of 15,000...
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