Real estate companies backed by Bezos will accept Bitcoin as a payment method

Real estate companies backed by Bezos will accept Bitcoin as a payment method

2021/11/29

According to reports, La Haus, a Latin American real estate technology startup backed by Amazon founder Jeff Bezos' investment platform Bezos Expeditions, said it would accept Bitcoin for real estate transactions. Its first supported project is a housing development project in Playa del Carmen, Mexico. La Haus stated that it would eventually open its remaining inventory of more than 80,000 properties to Bitcoin. The company is working with Los Angeles-based payment processor OpenNode to allow transactions on the chain and Lightning Network. La Haus will act as an intermediary, paying the seller in fiat currency. The company has not yet decided how many bitcoins it will keep on its balance sheet.

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