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 at 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.

“FTX 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,” Alex Yokana says, Developer of AKAI Estates. “We foresee this partnership with FTX bringing increased demand and expanding our demographic of buyers.” 

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. 

“Alongside FTX, cryptocurrency’s presence in the real estate industry only continues to grow and this is just the latest development in that process,” Avi Dabir says, Vice President of Business Development at FTX US. “We 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.”

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Drew Limsky

Drew Limsky



Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.