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NLI first REIT to receive cryptocurrency payments

Noyack Logistics Income (NLI), a US real estate investment trust (REIT), has collaborated with BitPay to accept cryptocurrency payments. NLI is the first Corporation in its area to accept such means of payment as cryptocurrency.

NLI first REIT to receive cryptocurrency payments

NLI, an alternative investing platform based in the United States, is the latest firm to accept cryptocurrency as a payment option.

NLI joins the party-line

NLI allows investors to fund their commitments using Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), and 5 USD-pegged stablecoins after partnering with BitPay.

As a result, NLI became the first REIT to accept digital currencies as a form of payment. The project is an “approach to communicate with today’s investors,” according to CJ Follini, the company’s CEO.

Clients may invest in both crypto and fiat currencies, according to the company. To do so, customers must first choose a wallet or exchange, then a digital asset, and then scan a QR code.

Famed organisations accepting crypto

AMC Theaters, the world’s largest movie theatre chain, has announced that it would now accept Dogecoin and Shiba Inu for digital ticket purchases. The firm had previously welcomed Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

CEO of the German design house Philipp Plein said that customers may pay for garments, shoes, and other items using 15 different cryptocurrencies. Tesla, perhaps a well-known company, now accepts Dogecoin as payment for its goods.

 

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