Owned by the businessman Richard Hilton, the elite real estate company Hilton & Hyland announced the sale of the Roman mansion of the XVI century at the crypto-currency auction, CCN reports.
Located in the historic center of Rome, the Palazzetto mansion, designed by the pupil of Michelangelo by the architect Giacomo della Porta, has 11 bedrooms and 15 bathrooms. Palazzetto will be put up for sale on the decentralized trading platform Propy for $ 35 million.
Propy uses blockchain to eliminate the complexities associated with cross-border transactions. The mansion in Rome will be the most valuable asset in the company's portfolio and the most expensive real estate object that has ever been sold for a crypto currency
"The auction shows the growing confidence of the real estate market in the blockchain and crypto-currencies and gives investors the opportunity to diversify and strengthen their portfolio," commented businessman Rick Hilton.
In 2017, 20 houses were sold for crypto currency, including a house in Miami with seven bedrooms at a price of 455 bitcoins (equivalent to $ 6 million).