{"id":11175,"date":"2022-03-19T15:19:26","date_gmt":"2022-03-19T15:19:26","guid":{"rendered":"https:\/\/egrowonline.com\/?p=11175"},"modified":"2022-03-19T15:19:26","modified_gmt":"2022-03-19T15:19:26","slug":"noyack-logistics-income-nli-became-the-first-reit-to-accept-crypto-payments","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=11175","title":{"rendered":"Noyack Logistics Income (NLI) Became the First REIT to Accept Crypto Payments"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The US real estate investment trust \u2013 Noyack Logistics Income (NLI) \u2013 partnered with BitPay to embrace cryptocurrencies as a payment method. Moreover, the company became the first in its field to accept settlements of this type.<\/p>\n<h2>NLI Jumps on the Bandwagon<\/h2>\n<p>The latest organization to <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/noyack-logistics-income-nli-becomes-first-reit-to-accept-cryptocurrency-via-partnership-with-bitpay-301503570.html\" data-wpel-link=\"external\" rel=\"noopener\">enable<\/a> cryptocurrency settlements is the American alternative investment platform \u2013 Noyack Logistics Income. After a collaboration with BitPay, it allowed investors to fund their commitment with the following assets: Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC) and five USD-pegged stablecoins (USDC, BUSD, DAI, GUSD, and USDP).<\/p>\n<p>By doing so, NLI became the first REIT firm to embrace digital currencies as a means of payment. CJ Follini \u2013 CEO of the company \u2013 described the initiative as an \u201cessential way to connect with today\u2019s investors.\u201d<\/p>\n<p>The entity further explained that clients can divide their investments between crypto and fiat currency. To do that, they should select their preferred wallet or exchange, choose a digital asset, and scan a QR code.<\/p>\n<p>Stephen Pair \u2013 CEO of BitPay \u2013 said the endeavor is another \u201cexample of moving crypto mainstream.\u201d The exec predicted that investors will spend billions of dollars in digital assets in the next year:<\/p>\n<blockquote>\n<p>\u201cWe see more investors asking to move cryptocurrency allocations into physical assets like real estate. This ability puts Noyack at the forefront of alternative investment management. The market potential for crypto adoption bridging into the physical world is huge. We estimate $55 billion in purchases and investments using cryptocurrency in the next 12 months.\u201d<\/p>\n<\/blockquote>\n<h2>Renowned Companies Accepting Crypto<\/h2>\n<p>The list of firms embracing the asset class as a payment method keeps growing. With that said, it is worth mentioning some of the most famous among them.<\/p>\n<p>Earlier this month, the world\u2019s leading movie chain \u2013 AMC Theaters \u2013 <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/a-week-earlier-shiba-inu-shib-and-dogecoin-now-accepted-at-amc-theatres\/\" data-wpel-link=\"internal\" rel=\"noopener\">announced<\/a> it now accepts Dogecoin and Shiba Inu for online settlements for tickets. Before that, the entertainment company embraced Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.<\/p>\n<p>The German fashion firm \u2013 Philipp Plein \u2013 is also part of that league. Last year, its CEO <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/philipp-plein-to-accept-cryptocurrency-payments-ceo-is-a-hodler\/\" data-wpel-link=\"internal\" rel=\"noopener\">disclosed<\/a> that customers can pay for clothes, shoes, and other products in 15 different cryptocurrencies. Additionally, the executive admitted he is a keen supporter of the asset class.<\/p>\n<p>Arguably the most popular organization from that list is the electric car manufacturer \u2013 Tesla. In January, it <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/dogecoin-spikes-20-as-tesla-enables-doge-payments\/\" data-wpel-link=\"internal\" rel=\"noopener\">enabled<\/a> Dogecoin payments for its products. It is also no secret that its CEO \u2013 Elon Musk \u2013 is a huge fan of the first-ever memecoin.<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" rel=\"nofollow noopener\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\" rel=\"noopener\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" rel=\"nofollow noopener\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter POTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/noyack-logistics-income-nli-became-the-first-reit-to-accept-crypto-payments\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US real estate investment trust \u2013 Noyack Logistics Income (NLI) \u2013 partnered with BitPay to embrace cryptocurrencies as a payment method. Moreover, the company became the first in its field to accept settlements of this type. NLI Jumps on the Bandwagon The latest organization to enable cryptocurrency settlements is the American alternative investment platform [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[670,62,3582,6423,6424,6422,120,6425],"class_list":["post-11175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-accept","tag-crypto","tag-income","tag-logistics","tag-nli","tag-noyack","tag-payments","tag-reit"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/Noyack.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11175"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11175\/revisions"}],"predecessor-version":[{"id":11177,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11175\/revisions\/11177"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/11176"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11175"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}