Los Angeles real estate developer Caruso partners with the Gemini cryptocurrency exchange and custodian to make the history of being the first to adopt the technology in real estate industry.
The partnership between the leading real estate firm and Winklevoss-owned crypto exchange will help to bring cryptocurrency, non-fungible tokens (NFTs), and blockchain applications to Caruso properties.
The collaboration will optimize the potential of using blockchain and cryptocurrency for user’s best experience and engagement strategy.
Alongside the partnership, Caruso will also allow bitcoin to be a mode of payment for rent by tenants in their retail and residential properties.
Caruso is the largest real estate company in the US that owns The Grove and The Americana at Brand; luxury residential building 8500; and The Masonic Temple.