Harbor Custom Development will accept Bitcoin payments

Nasdaq listed real estate company decided to accept payments in crypto, to show the company stands different from others. 

Crypto and blockchain adoption is at the next level. Besides the adoption of this innovative technology to bring advancement in the working system, many companies are using cryptocurrencies to grab attention and sales for their services. 

Harbor Custom Development is a Washington-based company. And this is a publicly listed company on Nasdaq. This company decided to accept payments in crypto besides fiat payments. 

This company is giving its services to the locals to sell homes, apartments, condominiums, and other properties. As per the announcement, the company will start this crypto-based payment service on 24 January 2022. 

The company will accept only flagship and popular crypto assets in payment options. Main crypto assets included  Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and DOGE-killer Shiba Inu (SHIB). 

Jeff Habersetzer, Chief Operating Officer at Harbor Custom Development, stated that the integration of crypto payments will make the company different from its competitors. 

“Acceptance of digital currencies for our real estate offerings is a logical step for Harbor and demonstrates the flexible business model that separates us from our industry peers,” Jeff said.

Right now services of real-estate properties sell by this company are available in Washington; Sacramento, California; Punta Gorda, Florida; and Austin, Texas. So probably, these services will be available only for the residents of these mentioned states. 

The CEO and president of Harbor Custom Development, Sterling Griffin, said they aimed to unlock the purchasing power for the clients with more than $1 trillion crypto payments. 

Earlier in April 2021, US-based Real Estate company Caruso announced to accept payments in crypto for its tenants to pay rent with bitcoin. Besides this initiative, the company also announced that it has invested money in a digital assets fund management company. 

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