Unicoin, Inc., further solidifies its position as a pioneer in the cryptocurrency space today by announcing the completion of two major agreements for the acquisition of beneficial ownership interests in businesses that own prime land holdings in the Bahamas.
This is the greatest real estate transaction involving cryptocurrencies to date. The 7,721 acres of targeted properties are spread over the popular Bahamas islands of Long Island and Andros Island.
This deal, which is valued at more than half a billion dollars, exceeds the previous record of $335 million set by Unicoin’s previous $335 million agreement to buy Eden Grand Resort, a Thailand Luxury Development project for a 64,000 square meter property and luxury resort in Chonburi, Thailand.
Unicoin Inc. has committed to paying 1,108,863,283 unicoins in total for the Bahamas acquisitions, meaning that the acquisitions have a total worth of $554,431,641, with the current Unicoin fundraising price of 50¢/ú.
With these ground-breaking deals, Unicoin has reached a major milestone, increasing the value of its portfolio to $1.4 billion. Following Unicoin’s strategy of purchasing real estate assets at 140% of their estimated worth for unicoins, the purchase price will be settled in unicoins.
“We are thrilled to announce the successful completion of these acquisitions, marking a substantial step forward, not only in Unicoin’s roadmap for strategic growth but in opportunities that decentralized finance and cryptocurrency present to the broader global investment community,” said Alex Konanykhin, CEO of Unicoin, Inc.
Armando Rubio, CEO and co-founder of New World Properties, SPV, said, “In partnership with Unicoin, we will explore options for developing hotel and condo resorts, and spotlighting prestigious flagship collaborations throughout the targeted properties.”
The company, in partnership with New World Properties SPV, envisions developing luxury resorts, hotels, and prestigious collaborations across the properties, all centered around the utility of the Unicoin token.
The opportunities are still endless as the business maintains its incredible growth. The future of banking is being shaped by Unicoin, an irrepressible pioneer in the cryptocurrency space, thanks to this record-breaking deal.
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