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TH


MQDC and Zipmex shake on a deal that shakes up real estate:

Pay with crypto for a world-class home in The Forestias




18 November 2021, Bangkok – Continuous innovation. That’s the core strategy for Magnolia Quality Development Corporation Limited (MQDC), said the CEO, Mr. Visit Malaisirirat, recently. With its latest entry into Fintech, MQDC partnered with Zipmex, Asia’s leading digital asset trading platform. This partnership lets investors buy real estate with crypto. Currently Bitcoin (BTC), Ethereum (ETH), USDT, USDC and Zipmex Token (ZMT) are all tokens that can be used to secure your real estate.

“This marks the most memorable step into the fintech industry for MQDC and is a way forward in our business development strategy. This is an opportunity for investors to buy world-class real estate like The Forestias and other MQDC projects with digital assets.” said Mr Malaisirirat.

Mr Malaisirirat added that the emergence of cryptocurrency and blockchain technology will refine real estate purchasing experience. The addition of accepting crypto as a form of payment will attract more buyers due to speed and high convenience for crypto transfers for down payments, installments and even transfer duties. We know Zipmex places high importance on delivering world-class standards and seamless experience especially in the high-quality product offerings, customer service and strategic partnership as well as the synergistic benefits from similar customer profile.

Within The Forestias development, all the projects including Whizdom, The Aspen Tree, Mulberry Grove and Six Senses Residences are available for down payment with crypto, as well as Mulberry Grove Sukhumvit.

All these MQDC projects now accept payment by BTC (Bitcoin), ETH (Ethereum, the second largest cryptocurrency by market cap after BTC), USDT (United States Dollar Tether, linked to the US dollar), USDC (United States Dollar Coin, tied to the US dollar), and ZMT (Zipmex Token from the Zipmex exchange).

Dr. Akalarp Yimwilai, CEO (Thailand) and co-founder of Zipmex, said: “This partnership with world-class Thai developer MQDC will shake up the real estate industry, strengthening the Zipmex ecosystem and creating a 'use case' for crypto in the real world, where the Cashless Society plays an increasingly important role in daily life. We will further expand our client base, targeting the middle to super-luxury level and the new generation of property buyers. It will also create and facilitate opportunities for overseas customers to buy real estate more easily than ever with a return on investment from digital assets with an annual APY of up to 14% at Zipmex.”

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