La Rosa Holdings to Offer Bitcoin for Real Estate Commission Payments

Bitcoin Real estate
La Rosa Holdings introduces Bitcoin as a payment option for real estate commissions, catering to the growing demand for blockchain-based solutions.
Author
Author
Hongji FengVerified
Part of the Team Since
Oct 2023
About Author

Hongji is a reporter who covers crypto, finance, and tech. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX,...

Last updated: 

La Rosa Holdings has announced plans to offer Bitcoin and other cryptocurrencies as payment options for real estate agents.

According to a Monday press release, the initiative is designed to meet increasing demand for alternative payment systems and leverage blockchain technology to modernize real estate transactions.

Advancing Crypto Payments for Real Estate Commission

The company will implement a 2% processing fee for agents opting for crypto payments, addressing agent demand for greater payment flexibility while also serving as an additional revenue stream for La Rosa Holdings.

“Our intention to introduce cryptocurrency payments represents a natural evolution in our commitment to innovation and broker empowerment,” said La Rosa CTO Alex Santos.

“We believe that blockchain technology offers the potential to streamline transactions while delivering unmatched flexibility in how agents and clients engage in the real estate market,” stated Santos.

La Rosa’s CEO, Joe La Rosa, suggested that the initiative demonstrates the company’s effort to improve transaction processes and explore the advantages of blockchain technology in real estate.

He noted the potential benefits for agents, such as faster transaction times and reduced costs compared to traditional payment methods.

The statement indicated that crypto adoption among real estate professionals has been growing, driven by broader acceptance of digital assets in financial markets.

La Rosa Holdings Corp. is a Nasdaq-listed company operating across six real estate service segments.

Matador Adds Bitcoin to Balance Sheet

Canadian firm Matador Technologies has allocated $4.5 million to Bitcoin as part of its efforts to strengthen its corporate treasury.

The Board of Directors highlighted concerns about the potential impact of Canada’s national debt and reliance on oil exports on the purchasing power of Canadian dollar holdings.

To address these risks, Matador has transitioned the majority of its reserves to U.S. dollars and Bitcoin, viewing them as more stable assets.

The Bitcoin purchase is planned for December 2024, with future acquisitions under consideration through a controlled buying strategy.

Matador’s leadership sees this as a step toward integrating Bitcoin into its financial operations and product offerings.

In the Article
Bitcoin
BTC
$69,246
1.82 %
Ethereum
ETH
$2,049
1.37 %
XRP
XRP
$1.4380
0.44 %
Litecoin
LTC
$53.65
1.23 %
Cardano
ADA
$0.2656
1.93 %

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$2,478,471,189,428
-4.43%
Trending Crypto

More Articles

Bitcoin News
MicroStrategy Proposes Significantly Increasing Number of Shares to Buy More Bitcoin
Ruholamin Haqshanas
Ruholamin Haqshanas
2024-12-24 10:14:00
Bitcoin News
FBI, Japanese Police Find N. Korean TraderTraitor Links in $300M Bitcoin Hack
Sujha Sundararajan
Sujha Sundararajan
2024-12-24 05:18:28
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors