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La Rosa Holdings has revealed its intention to provide Bitcoin and various cryptocurrencies as payment alternatives for real estate agents.
As stated in a press release on Monday, this initiative aims to address the growing demand for alternative payment methods and utilize blockchain technology to modernize real estate transactions.
Enhancing Crypto Payments for Real Estate Commissions
The company will impose a 2% processing fee for agents choosing cryptocurrency payments, catering to agents’ requests for increased payment flexibility while also creating an additional revenue source for La Rosa Holdings.
BREAKING
THE REAL ESTATE FIRM LA ROSA
HOLDINGS WILL START BITCOIN
PAYMENTS FOR ITS 3000 AGENTS
IN THE UNITED STATESpic.twitter.com/hhnrbSefYk
— Ash Crypto (@Ashcryptoreal) December 23, 2024
“Our plan to implement cryptocurrency payments signifies a natural progression in our dedication to innovation and empowering brokers,” remarked La Rosa CTO Alex Santos.
“We are confident that blockchain technology has the capability to enhance transaction efficiency while providing unparalleled flexibility in how agents and clients interact within the real estate sector,” Santos stated.
La Rosa’s CEO, Joe La Rosa, indicated that this initiative reflects the company’s commitment to refining transaction processes and investigating the benefits of blockchain technology in real estate.
He emphasized the potential advantages for agents, including quicker transaction times and lower costs compared to conventional payment methods.
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The announcement noted that the adoption of cryptocurrency among real estate professionals has been on the rise, fueled by the increasing acceptance of digital assets in financial markets.
La Rosa Holdings Corp. is a publicly traded company on Nasdaq, operating in six segments of real estate services.
Matador Incorporates Bitcoin into Balance Sheet
Canadian company Matador Technologies has designated $4.5 million for Bitcoin as part of its strategy to bolster its corporate treasury.
Matador Technologies Inc. @buymatador has announced a bold step to strengthen its corporate treasury by investing $4.5 million in Bitcoin. #Bitcoin #MATAhttps://t.co/xM1DZvUY4o
— Cryptonews.com (@cryptonews) December 23, 2024
Matador Technologies Inc. @buymatador has announced a bold step to strengthen its corporate treasury by investing $4.5 million in Bitcoin. #Bitcoin #MATAhttps://t.co/xM1DZvUY4oThe Board of Directors expressed concerns regarding the potential effects of Canada’s national debt and dependence on oil exports on the purchasing power of Canadian dollar assets.
To mitigate these risks, Matador has shifted the majority of its reserves to U.S. dollars and Bitcoin, considering them to be more stable assets.
The Bitcoin acquisition is scheduled for December 2024, with plans for future purchases being evaluated through a controlled buying approach.
Matador’s management views this as a move towards incorporating Bitcoin into its financial operations and product offerings.
The post La Rosa Holdings to Offer Bitcoin for Real Estate Commission Payments appeared first on Cryptonews.
