FTX Expands Into Single-Family Home Real Estate Market

FTX, a U.S.-regulated cryptocurrency platform, is now the sole platform handling cryptocurrency conversions for residential transactions atĀ AKAI Estates, a collection of 16 signature luxury homes in Southwest Ranches. The partnership with the single-family home developer is a first for FTX.

ā€œFTX continues to grow its presence in the real estate industry in Florida, we couldn’t think of a more ideal time to work with such a prestigious cryptocurrency exchange platform,ā€ Alex Yokana says, Developer of AKAI Estates. ā€œWe foresee this partnership with FTX bringing increased demand and expanding our demographic of buyers.ā€Ā 

The private enclave of AKAI Estates is conceptually designed by internationally acclaimed architect Vasco Vieira, founder and head architect of Portugal-based firm Vasco Vieira Arquitectos. The local architect for AKAI Estates is Florida-based firm FSMY Architect Planner. Open floor plans range from 7,000 to 15,000 square feet and beyond. The properties combine chic, cutting-edge amenities, ultra-modern styling, the security of a fully gated community and the privacy of two acres of property with each residence. Each estate includes an aquatic entertainment area and is highly customizable with the ability to add on features including putting greens, tennis/pickle-ball courts, or even a basketball court. Prices at AKAI Estates start at $8 million.Ā 

ā€œAlongside FTX, cryptocurrency’s presence in the real estate industry only continues to grow and this is just the latest development in that process,ā€ Avi Dabir says, Vice President of Business Development at FTX US. ā€œWe are excited to add our first luxury single-family development to our roster of partners and increase consumer access to digital assets and digital asset-related services. At FTX, we believe that crypto has a big role in the future of finance and strive to do our part to make this future come to fruition.ā€

You May Also Like
Big Four Firm Deepens South Florida Roots

PwC Expands Footprint in Palm Beach County Amid Wealth Migration Boom

Read More
Powering the Past and the Future

Florida Power and Light Turns 100.

Read More
The Real ROI: Boynton Beach’s New Housing Project

PulteGroup Tackles the Region’s Quiet Crisis: Housing the People Who Power the Economy

Read More
Developers Bet Big on Florida’s Palm Coast

BH Group and Unicorp join forces as Northeast Florida draws new wealth

Read More
Other Posts
Brickell-Area Tower Secures Major Backing as Miami Defies National Trends

A $111 million construction loan from Goldman Sachs to buildĀ The Perrin, a sleek 26-story apartment tower rising just west of Brickell.

Read More
A Fix for the Fixer-Uppers: Florida Rewrites Its Condo Law Before the Market Cracks

Tens of thousands of condo owners have been blindsided by sudden special assessments, skyrocketing HOA fees, and panicked boards scrambling to comply.

Read More
Big Brains, Bigger Build: PBA Bets $236M on West Palm’s Future

Palm Beach Atlantic University to fund a transformative new student housing project in West Palm Beach.

Read More