Thursday, April 4, 2019

Actor-Turned-Crypto Whiz Brock Pierce Buys $1.3 Million Mansion with Bitcoin

Actor-turned-crypto entrepreneur Brock Pierce used bitcoin as collateral to purchase a $1.3 million mansion in Amsterdam. The real estate transaction represents the first-ever crypto-backed mortgage. Swiss cryptocurrency startup Nexo facilitated the purchase. Nexo is a crypto wallet that lets you borrow up to $2 million in 45 different fiat currencies within 24 hours. “He backed the entire loan for the house with bitcoin,” Nexo co-founder Antoni Trenchev told Fox Business. “This was our first-ever crypto-backed mortgage.” Brock Pierce Holds 95% of Net Worth in Crypto Brock Pierce is a former child actor who starred on the hit 1992 film “The

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source https://www.ccn.com/actor-turned-crypto-whiz-brock-pierce-buys-1-3-million-mansion-with-bitcoin

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