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Thursday, November 21, 2024

American Car Dealer Post Oak Motor Cars starts Accepting Bitcoin

To work with crypto assets, the company partnered with NYDIG. POMS employees will be able to receive part of their salary in cryptocurrency

US luxury car dealer Post Oak Motor Cars (POMS) has begun accepting Bitcoin as payment for cars. The company announced that it has already sold its first car for cryptocurrency – the Rolls Royce Ghost.

For this, the car dealer entered into a partnership agreement with NYDIG (New York Digital Investment Group).

The partnership will also allow Post Oak Motor Cars employees to receive a portion of their salary in bitcoins. Car dealer customers will be able to get a loan to buy a car using the first cryptocurrency as collateral.

NYDIG was founded in 2017 and specializes in digital asset investment. The company now manages assets worth $ 6 billion.

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