Ledn has joined forces with Parallel, enabling investors to finance and acquire Cayman real estate by leveraging their digital assets.
A new partnership between Ledn and Parallel provides a “fiat-free” path for crypto investors to acquire real estate in the Cayman Islands.
The initiative helps crypto natives to secure a"Golden Visa" and permanent residency in the British Overseas Territory without having to sell their cryptocurrency or exchange it for fiat, according to a statement. "As both companies are regulated by the Cayman Islands Monetary Authority as Virtual Asset Service Providers, this partnership is a testament to the framework that the regulator has put in place to encourage the responsible development of the crypto industry in the Cayman Islands," Ledn CEO Adam Reeds said in the statement.The"Golden Visa" is a part of citizenship-by-investment programs available inglobally, including Portugal, Spain, Italy and the U.S. .
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