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Cryptocurrency news: Unicoin makes history with $335 million luxury resort acquisition in Thailand

Unicoin's million-dollar deal for Eden Grand Resort marks the largest-ever property-for-crypto transaction

In a groundbreaking move, Unicoin, designed to tackle crypto market volatility, has sealed a historic $335 million deal to acquire the Eden Grand Resort, a luxury resort development project spanning 64,000 square meters in Chonburi, Thailand. This acquisition represents the largest-ever real estate purchase conducted using cryptocurrency.

Unicoin revolutionizing crypto real estate transactions

Unicoin's acquisition of the Eden Grand Resort is poised to transform the real estate market by setting a remarkable precedent. The property, along with the underlying land, is planned to accommodate 150 2- and 3-bedroom villas and a six-story building, forming a luxurious resort. What sets this deal apart is the fact that the entire purchase price will be paid in Unicoins.

Unicoin's innovative approach involves acquiring real estate assets at 140% in Unicoins. The company will pay the property owner, Mr. Adnan, a staggering 671,206,755 Unicoins, equivalent to $335.6 million at the current investor rate of 50¢/ú for Unicoins.

This groundbreaking transaction follows another record-breaking deal involving Unicoin with Electroquímica Del Neuquen S.A. to acquire mineral rights in Argentina at $210 million. Their strategy of expanding its portfolio through these deals showcases its commitment to creating value for its investors.

Model Image Of Luxury Resort

Unicoin's vision and growth

Unicoin's CEO, Alex Konanykhin, believes that their coin is an ideal tool for tokenizing real estate assets. By multiple properties pooled in its portfolio, they aim to establish themselves as a top crypto brand compared to its first-wave, asset-less cryptocurrency counterparts. The company's status as an audited, SEC-compliant, asset-backed, and publicly reporting cryptocurrency positions it for long-term success.

Mr. Mohammad Al Saeed Adnan, the owner of the Eden Grand Resort, is set to become the largest single Unicoin holder upon the transaction's completion. He expressed excitement about it's potential and its role in shaping the future of cryptocurrency.

Their impressive growth is evident in the numbers. Since its launch in February 2022, over $500 million worth of coins have been sold, with the cryptocurrency's value surging by a remarkable 4,900%. This trend underscores the trust placed in them by corporate investors and individuals from over 100 countries worldwide.

As it continues to expand its reach and redefine crypto investments, interested individuals, property owners, and investors that want to be equipped with the latest information on Unicoin and potential investments, can contact Rey Valdes. Rey Valdes is the Miami Realtor that brokered the transaction for both the buyer and the seller behind Unicoin Inc.'s monumental $210M copper mine crypto deal, who stands ready to assist. With a wealth of knowledge and expertise, Valdes can be contacted directly via phone, text, or WhatsApp at 786-326-8885. Additionally, comprehensive details can be found on his official website, GlobalCompassRealEstate.International.

Stay updated on the latest developments in the real estate world by visiting Calle Ocho News. Explore more about investments, business news and other Miami news with Calle Ocho News.

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