NOYACK Logistics Income (NLI), which invests in supply chain real estate, started accepting cryptocurrencies for its shares. This is the first real estate investment trust that accepts cryptocurrencies as shares has expanded support for Dogecoin and Shiba Inu via BitPay.
NOYACK Logistics Income Accepts Both Meme Coins and Stablecoins
Besides accepting meme coins such as Dogecoin and Shiba Inu, NOYACK also accepts some well-established currencies – Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Wrapped Bitcoin, etc. In addition, the trust also accepts stablecoins like BUSD, USDP, DAI, and GUSD.
NOYACK partnered with BitPay to make this possible. BitPay’s CEO, Stephen Pair, stated that this is another way to get crypto into mainstream industries. According to Pair, more investors are hoping to marry crypto and physical assets like real estate. NOYACK started the trend; therefore, it has some advantage over its competitors.
Pair also noted that the market potential for crypto adoption in the physical world is huge. For example, BitPay also provides services to an Australian energy firm that accepts both Dogecoin and Shiba Inu. What’s more, AMC also added support for these two meme coins thanks to BitPay.