Real estate tycoon Grant Cardone plans to launch a hybrid investment product combining Bitcoin and real estate

GateNews
BTC0,31%

Foresight News reports that real estate tycoon and Cardone Capital CEO Grant Cardone stated in an interview with Fox Business that he plans to go public with his company this year and launch a hybrid investment tool combining Bitcoin and real estate. The strategy aims to combine Bitcoin's high liquidity and volatility with the stable cash flow of apartment buildings. Cardone said his company currently holds a large reserve of corporate Bitcoin. Additionally, Grant Cardone mentioned that he is promoting the tokenization of real estate assets. He also noted in the interview that the Trump administration is actively exploring how to use cryptocurrencies and tokenization technology to stabilize the financial system, and revealed that Trump may announce new policies soon, including allowing Americans to use their 401(k) retirement funds to buy homes.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

Bitcoin BTC$67,345.02 tends to outperform traditional safe haven assets like gold in the two months following major global crises, according to new analysis from Brazilian crypto exchange Mercado Bitcoin. The study, led by Rony Szuster, head of research at the Latin American crypto platform,

CoinDesk26m ago

A simple explainer on what quantum computing actually is, and why it is terrifying for bitcoin

This week, Google published a paper describing how a quantum computer could theoretically derive a bitcoin private key in 9 minutes, with ramifications that stretch to Ethereum, other tokens, private banking, and potentially everything in the world. Quantum computing is easy to mistake for a

CoinDesk31m ago

Bitcoin and the US dollar have a 'symbiotic' relationship: BPI exec

US dollar-pegged stablecoins and Bitcoin (BTC) share a “symbiotic” relationship, mutually benefitting from rising adoption, according to Sam Lyman, head of research at Bitcoin Policy Institute (BPI), a Washington DC-based digital asset advocacy organization. “Bitcoin is beneficial to the US

Cointelegraph2h ago

Ex-UK Chancellor backs bitcoin as alternative to failing systems

Kwasi Kwarteng, the UK’s former Chancellor of the Exchequer who served just weeks in September 2022, is re-emerging with a new focus on bitcoin, monetary history, and long-term economic thinking. Reflecting on the infamous mini-budget in an interview with CoinDesk, he was candid about the

CoinDesk3h ago
Comment
0/400
No comments