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Real estate investment trust starts accepting two meme coins: NLI

Real estate investment trust starts accepting two meme coins: NLI 8

NYACK Logistics Income (NLI) announced to accept cryptocurrencies including leading two meme crypto coins. 

Despite the huge volatility in the price of crypto assets, adoption is surging rapidly. Due to the increasing adoption of cryptocurrencies, the majority of the companies are trying to bring traction to their services through crypto-related services. In particular, last year many companies started to accept Shiba Inu, Doge, and Bitcoin and the majority of them grabbed huge development & growth in their businesses with adoption. 

NYACK Logistics Income (NLI), a real estate investment trust, recently announced to accept cryptocurrencies with the Bitpay crypto payment gateway platform. 

This REIT will accept Dogecoin, Shiba Inu, BTC, BCH, ETH, LTC, WBTC, and stablecoins like BUSD, USDP, DAI, and GUSD. And further, it will invest these accepted payments in its share to invest in supply chain real estate. 

Stephen Pair, chief executive officer of Bitpay payment network, commented on this move of the real estate company as another crypto adoption in real life. 

“This is another example of moving crypto mainstream. We see more investors asking to move cryptocurrency allocations into physical assets like real estate. This ability puts Noyack at the forefront of alternative investment management.”

AMC Theaters crypto adoption

Since 2020, leading entertainment cinema network AMC entertainment grabbed huge attention in the crypto industry because of its initiative toward crypto payments adoption, where AMC added support for both meme coins (Shiba & Doge) in partnership with BitPay.  

On 11 March, AMC CEO Adam Aron announced on Twitter that people can easily avail the services with crypto payments. 

However this service is only available on websites, so here AMC is still in the initial phase of adoption but still, it is a convenient way to accept crypto payment, instead of crypto token to gift card payment which was the initial method of AMC to accept crypto payments.

Read also: Only 14% of businesses of El Salvador uses bitcoin

Real estate investment trust starts accepting two meme coins: NLI


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