(MENAFN) The Knox Group of Companies, with headquarters in the Isle of Man announced it will launch a new property and residential development in Dubai and it is valued at USD325mln, and its residences can be purchased in the digital currency bitcoin.
In details, it will be called Aston Plaza and Residences, and it will consist of two residential towers and shopping mall, which will be the first major real estate development that will accept bitcoin as payment.
The project which will cost around USD325mln, will push bitcoin into the mainstream, after it hit record high of USD4,870 on Friday, surging more than 400% so far this year.
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