Brock Pierce used Bitcoin as a collateral to buy a property worth $1.2 million

Antoni Trenchev, co-founder and managing partner of NEXO, said in an interview that in November last year, Brock Pierce, the Hollywood actor and former head of the Bitcoin Foundation, used Bitcoin worth more than 3 million as collateral to buy Amsterdam worth 1.2 million. A refurbished chapel of the dollar. Trenchev said that Pierce used Bitcoin to pay for the entire loan of the house. Created the first encrypted mortgage for NEXO in history.