Over $5 Million In Crypto Sales At Diesel Wynwood After Partnering With FTX US As Project Reaches 40% Sold

Despite fluctuations, cryptocurrency is leaving its mark on the real estate industry. Diesel Wynwood Condominium has seen an influx of interest from crypto buyers since partnering with FTX US in May. To date, the team has done more than $5 million in crypto transactions.

Diesel Wynwood, the first Diesel-branded luxury residential development in the world, partnered with FTX, a leading U.S.-regulated cryptocurrency platform, to serve as a provider for handling digital currency conversions for the project's residential sales deposits and transactions. This marked FTX US’ first collaboration with a fashion-branded condominium and another milestone for Diesel, which is pioneering luxury residential living in Wynwood.

Since launching sales in November 2021, Diesel Wynwood has seen growing interest from cryptonaires, tech titans, artists, and locals alike. Nearly half of the boutique building’s 159 units have gone into contract and the building is now over 40% sold. Residences are priced from $500,000 to $6 million. ONE Sotheby's International is handling sales and marketing for the building and Steve Potres is the agent responsible overseeing crypto sales.

Located in the trendy Wynwood Arts District, Diesel Wynwood is developed by Bel Invest, an international real estate investment and development firm, and designed by Zyscovich Architects, a Miami-based design, architecture, and urban planning firm. The residence rises eight stories and comprises 159 residences ranging from micro-studios to three bedrooms. Elevated amenities include a rooftop pool deck and lounge, state-of-the-art fitness center, wine cellar, European spa, and more.

Groundbreaking is expected in Q4 2022.

For more information about Diesel Wynwood, private showings or purchasing/ leasing information please fill out the form below:

FTX US Partners With Ultra-Luxury Single-Family Home Development AKAI Estates To Accept Crypto In Southwest Ranches

The developers of AKAI Estates have announced a partnership with FTX US, a leading U.S.-regulated cryptocurrency platform, as the sole platform handling cryptocurrency conversions for the residential transactions within their collection of 16 signature luxury homes in Southwest Ranches. This announcement represents FTX US’s first partnership with a single-family home developer, further establishing AKAI Estates as a trailblazer development in today’s real estate industry and FTX US as an innovator in the cryptocurrency financial services space.

This partnership indicates the velocity at which the single family home market is evolving amidst incredible demand and tight available inventory. With the frenzy the market is currently in, tied to the record low inventory, AKAI Estates is meeting that demand and filling the void now with the collection of these homes, in addition to spec homes.

“FTX continues to grow its presence in the real estate industry in Florida, we couldn’t think of a more ideal time to work with such a prestigious cryptocurrency exchange platform,” said Alex Yokana, Developer of AKAI Estates. “We foresee this partnership with FTX bringing increased demand and expanding our demographic of buyers.”

“Alongside FTX, cryptocurrency’s presence in the real estate industry only continues to grow, and this is just the latest development in that process. We are excited to add our first luxury single-family development to our roster of partners and increase consumer access to digital assets and digital asset-related services. At FTX, we believe that crypto has a big role in the future of finance and strive to do our part to make this future come to fruition,” said Avi Dabir, Vice President of Business Development at FTX US.

Surrounded by open spaces and dazzling South Florida sunsets, the quiet enclave of AKAI Estates is conceptually designed by internationally acclaimed architect Vasco Vieira, founder and head architect of Portugal-based firm Vasco Vieira Arquitectos. The scope of the firm’s past work has ranged from individual villas to large eco-resorts including hotels, restaurants, spas and commercial buildings. With notable projects throughout Europe, AKAI Estate marks Vieira's first residential project in the United States. The local architect for AKAI Estates is Florida-based firm FSMY Architect Planner.

At AKAI Estates, high-end living unfolds across open floor plans from 7,000-15,000 square feet and beyond, combining chic cutting-edge amenities, ultra-modern styling, and the serenity of a fully gated community and the unrivaled privacy of two acres of property with each residence. Each estate includes an aquatic entertainment area and is highly customizable with the ability to add on features including putting greens, tennis/pickle-ball courts, or even a basketball court of choice. AKAI Estates is a refreshingly different way to encounter the best of South Florida living. World-famous destinations for entertainment, shopping, nightlife, golf, and more are all just a short drive away. Southwest Ranches is located just west of Fort Lauderdale, northwest of Miami and south of Palm Beach, Florida. Nearby top-rated schools, parks, and cultural sites complete a world that is just as connected as it is exclusive.

AKAI Estates is being developed by Alex Yokana, Jairo Vela, and Amos and Michael Sochaczevski. Bento Queiroz Team under Compass is the exclusive sales team for the development. Prices at AKAI Estates start at $8 million.

FTX OFF THE GRID ANNOUNCES UPCOMING MIAMI BEACH RACE WEEKEND FESTIVAL

Leading cryptocurrency exchange, FTX, in conjunction with partners the Mercedes-AMG Petronas F1 Team, luxury Swiss watchmaker IWC Schaffhausen, the official timekeeper for the event, and the City of Miami Beach, will soon debut FTX Off The Grid, an unparalleled three-day series of unique and immersive experiences at the intersection of crypto, culture, and cars, during the most anticipated race weekend on the sporting calendar. Bringing the thrill of racing and the culture of Miami Beach to the masses, this unforgettable weekend-long event will unveil right on the sands of South Beach from May 6 - 8, 2022, hosted by Johanna Gomez, featuring ticketed performances by Disclosure, Kaytranada, Jamie XX, and more.

Home to some of the world’s most notable annual events including Art Basel, SOBE Wine and Food Festival, and Miami Swim Week, South Beach will now be home to the next milestone marquee event with FTX Off The Grid. Bringing motorsport fans, friends, collaborators, and culture seekers across music, sports, fashion, technology, and hospitality together in one space, the event will take place at 10th Street and the beachfront, directly on the sands of South Beach, just beyond the iconic, pastel-hued Art Deco buildings lining Ocean Drive. Complementing the natural vibrancy and beauty of Miami Beach, FTX Off The Grid will transform over 165,000 square feet of oceanfront space into an ‘Electric Beach’ themed entertainment venue, that captures both the style of the city and the innovative nature of the blockchain ecosystem and FTX.

Guests can anticipate three exciting days of multilayered activations, showcasing first-class entertainment, high-profile performances and surprise celebrity appearances; local cuisine and beverages; The IWC Big Pilot Exhibition; NFT art galleries and creation stations; a locally inspired fashion show; Mercedes-AMG car displays; dedicated Star Atlas Video Gaming Lounge that features both the best of gaming’s past and previews of its future, and so much more. There will also be an exclusive VIP hospitality space, coined the FTX Beach Club, which will be used for VIP entertainment and meet and greets.

“Formula 1 coming to Miami will signal the start of a US racing experience unlike any other. With Miami at the forefront of crypto and FTX leading the charge, it was the natural next step for FTX to capitalize on the hype and create something truly unique in Miami Beach. We’re extremely excited to finally unveil all that we’ve put into this multifaceted experiential event to all our guests,” said Sam Bankman-Fried, Chief Executive Officer of FTX.

On Saturday and Sunday, a Mercedes-AMG Petronas F1 car will take to Ocean Drive for a high-energy spectacle that will have Miami Beach revved up for an incredible race weekend experience. Delivering constant energy to the event, local DJs will keep the crowd moving during the day as they explore everything FTX Off The Grid has to offer. As darkness falls on the beach, the stage will transition into a three-night ticketed concert series called ‘Sunset on the Sand’ produced in collaboration with III Points, Club Space and Link Miami Rebels, with special performances from Disclosure, Kaytranada, and Jamie XX.

“We’re excited to be collaborating with FTX Off The Grid over the Miami weekend,” shared Toto Wolff, Team Principal & CEO, Mercedes-AMG Petronas F1. “As the sport continues to develop in the US, it’s fantastic that FTX, with their inherent creativity and spirit of innovation, are seizing this opportunity to elevate the fan experience with their takeover of Miami Beach.”

“Our City and community are beyond excited about this race weekend. FTX Off The Grid promises to be an action-packed and epic festival,” said City of Miami Beach Mayor, Dan Gelber.

Explore the dimensions of FTX Off The Grid:

• Mercedes-AMG Petronas F1 Garage I Integrating the Mercedes-AMG Petronas F1 Team into the heart of the festival, fans will get the chance to get up close and personal with the team’s F1 car.

• FTX NFT Art Galleries & Creation Stations | Connecting fans to the FTX and blockchain ecosystem, guests will have unrivaled access to create, discover, and purchase NFTs all throughout the event. The event also features a collection of unique one-of-one NFTs for purchase by a local artist. Guests can also create their own NFTs, which can be minted and pressed onto swag on-site for an unforgettable takeaway.

• IWC Big Pilot Exhibition | IWC, the official timekeeper of FTX Off The Grid Miami Beach, will participate in the event with the return of their Big Pilot Exhibition, alongside an exclusive IWC lounge where they will entertain guests, partners and friends of the brand.

• Mercedes-Benz and Mercedes-AMG Car Display | Offering a look at the latest lineup of Mercedes vehicles, guests will have a chance to get up close with their favorite vehicle models from Mercedes-AMG, Mercedes-EQ, and Mercedes-Maybach, and learn about the newest performance features from a team of Mercedes experts. Complementing the Miami art scene, a local artist will also be creating a live art installation using a Mercedes vehicle as their canvas.

• Star Atlas Video Game Lounge | A metaverse that is pioneering the next generation of gaming, Star Atlas will offer guests an up-close look at the in-game experience in the Star Atlas video game lounge, which will be featured alongside classic, vintage arcade games.

• Mercedes-AMG Petronas F1 Merch Store | Giving guests access to official team merchandise, the store will deliver a pop-up experience, which will act as a physical showroom, showcasing the team’s replica race kit.

• Motorsport Games | Guests can put their on-track driving skills to the test in the unbelievably realistic racing simulators from Motorsport Games. Featuring the popular racing game, rFactor2 guests will have the opportunity to go head-to-head with their friends on an iconic global racetrack.

• Fashion Show | In partnership with a local Miami designer, a choreographed fashion show will take place on early Saturday evening against the backdrop of the iconic Miami Beach.

FTX Off The Grid will offer guests free access during the day and ticketed concert performances by night. Register for an exclusive NFT ticket and find more information on the line-up, activities, and schedule at www.ftxoffthegrid.com.

Jake Paul and Logan Paul Revealed As Purchasers Behind E11EVEN Residences Beyond Penthouses Asking $20.5 Million Each

Jake and Logan Paul have been revealed as the purchasers of two penthouses atop the planned E11EVEN Residences Beyond condo tower in Downtown Miami. Jake Paul and Logan Paul are social media and YouTube personalities who turned into professional boxers. In 2021 Logan Paul faced boxing legend Floyd Mayweather Jr. in an exhibition match. The penthouses are 3 bedroom, 3.5 bathroom residences that are currently asking $20.5 million each. The penthouses include an outdoor kitchen and plunge pool. It was not revealed how much each paid. Other celebrity buyers include WNBA star Candace Parker, ESPN co-host Sage Steele and MMA fighter Luke Rockhold.

E11EVEN Residences Beyond is being developed by E11EVEN Partners and PMG. Rising 65 stories, E11EVEN Residences Beyond offers a highly exclusive, "members only" experience designed to cater to high profile buyers who seek the VIP, entertainment-driven lifestyle of E11EVEN Hotel & Residences and the privacy of a private condominium. Units range from 318-square-foot studios to 993-square-foot two-bedrooms, as well as a presidential collection ranging from 1,167 to 2,762 square feet and penthouses starting at 2,213 square feet, totaling 461 luxury residences.

Designed by Sieger Suarez Architects, E11EVEN Residences Beyond boasts private amenities available only to residents in the tower. They include a helipad, a resort-like sun lounge deck with 93-foot pool, a state-of-the-art fitness center and fully staffed executive office suites. E11EVEN Residences Beyond buyers will also have access to the first tower’s amenities, including the Chopra Spa & Studio, day club, beach club, gourmet food hall, and sports lounge. A private, access-controlled walkway bridge will provide residents direct entry. Owners will also enjoy exclusive access to E11EVEN Residences Beyond Members Social Club.

Starting in the mid $300,000, or the equivalent cryptocurrency rate, all interiors and residences are fully furnished and finished by award-winning design firm AvroKO. Each features custom imported ITALKRAFT millwork and cabinetry, including fully-integrated kitchens and bathrooms with custom countertops and backsplashes and fully built-out closets in the master bedrooms featuring all shelving and drawers pre-installed for absolute convenience. Subzero and Wolf appliances and finishes and flooring selections curated by AvroKO ensure that each residence offers supreme form and function. PMG's smart home technology system will offer unprecedented efficiency through seamless personalization with the touch of a button that includes integrated audio, video and lighting systems.

Penthouse and presidential collection residences feature expansive outdoor terraces with top-level audio systems, towering 8-foot interior doors, upgraded custom ITALKRAFT kitchens with marble countertops and Sub-Zero wine storage, a midnight bar in each master suite, motorized roller shades, and expansive views of the Miami skyline, Biscayne Bay and Atlantic Ocean. Owners of these exclusive units enjoy access to the building through a private lobby entrance.

Taking luxury and style to even greater heights, the penthouses feature fully finished & custom interior layouts to be selected under one-on-one consultation with PMG’s in-house interior architectural design team and include marble flooring throughout the interiors and floor-to-ceiling impact-resistant windows.

PMG Residential is the sales team for the project, led by Raquel Kaufman alongside team members Pablo Rodriguez, Reiner Perez, Adam Freeman, Liza Hernandez and Lauren Negrin.

The first phase of the project comprises 375 turnkey residences. Each unit comes equipped with fully-integrated “smart building” features and 24/11-style amenities, including celebrity-chef dining experiences throughout the property, a casino-style sports lounge, an E11EVEN Members rooftop experience, and a world-class Chopra Spa & Studio wellness center curated by Dr. Deepak Chopra. E11EVEN Hotel & Residences Miami is a lifestyle experience and destination, the first of its kind in the United States. Completion is expected for the first tower in 2023.

E11EVEN Partners is led by Michael Simkins, Marc Roberts, and Dennis DeGori, who own the neighboring E11EVEN Nightclub. PMG is led by Managing Partners Ryan Shear and Kevin Maloney.

E11EVEN Hotel & Residences and E11EVEN Residences Beyond are two of the first pre-construction condos to accept cryptocurrency as a deposit through a first-time-ever real estate partnership with FTX, the world’s leading cryptocurrency exchange.

E11EVEN Hotel & Residences is located at 29 NE 11th Street and E11EVEN Residences Beyond will be located on the same block at 90 NE 11th Street.

For more information about E11EVEN Residences Beyond or E11EVEN Hotel & Residences, private showings or purchasing/ leasing information please fill out the form below:

Micah Johnson's Aku World Miami Comes to Life with Performances by Kehlani, AJ Mitchell & Haleek Maul Presented by FTX US

Aku World celebrated its monumental Miami debut on December 2, 2021 during Miami Art Week with a grand opening celebration featuring special performances by Kehlani, AJ Michell, and Haleek Maul. Friends and collaborators across art, music, fashion and tech, came together for the unveiling of Aku World: Miami and its star Aku, the digital explorer and crypto-native NFT IP created by artist and former MLB player Micah Johnson. Guests included Pusha-T, Jerome LaMaar, Aleali May, Savannah James, Matt James, Rachael Kirkconnell, Jackson Myles, Yasmine Petty, and more.

Aku is the digital explorer and crypto-native NFT IP created by artist and former MLB player Micah Johnson. Aku World: Miami was presented by FTX US from December 2-4, 2021 in the vibrant Wynwood Arts District. Aku World: Miami was Aku's first introduction to the physical world, bringing friends and collaborators across art, music, fashion and technology together in one space. The visually-stunning, multilayered event showcased the otherworldly dimension of Aku and allow guests to step out of reality and into the metaverse through carefully curated exhibits that blur the lines between NFT technology and IRL experiences.

Photo Credit: Rowben Lantion/BFA.com

Micah Johnson Debut's Aku World For Miami Art Week As Digital NFT Astronaut Enters Physical World In Partnership With FTX US

Aku, the digital explorer and crypto-native NFT IP created by artist and former MLB player Micah Johnson, will come to life for the first time since its inception with Aku World: Miami presented by FTX US from December 2-4, 2021 in the vibrant Wynwood Arts District. Aku World: Miami will be Aku's first introduction to the physical world, bringing friends and collaborators across art, music, fashion and technology together in one space. The visually-stunning, multilayered event will showcase the otherworldly dimension of Aku and allow guests to step out of reality and into the metaverse through carefully curated exhibits that blur the lines between NFT technology and IRL experiences.

“Aku World is a world built around dreams. It was imperative to incorporate talented artists and designers who have achieved their dreams into the world and it’s our mission to inspire everyone who walks through the door,” said Micah Johnson, creator of Aku. Through a partnership with leading cryptocurrency exchange FTX US, attendees will be able to sign up for their own crypto wallet, collect NFTs throughout the space via hidden QR codes, and purchase digital artworks by legendary 3D artist, Raf Grassetti, as well as unique Aku digital works. Top-tier ticket holders will have exclusive access to the Minting Room presented by FTX US, where they can create their own 4D-scanned avatar that lives within the Aku universe and mint them into NFTs, which they can later trade, sell or display in their digital wallets.

Attendees can shop on-site via the Merch Room, which will host three days of exclusive merch collaborations with VIP guest collaborators Pusha-T, Jerome LaMaar and Aleali May, with each day dedicated to a single limited time, limited edition collection, available for pre-order at the event and online.

Aku’s Collection, curated by Art Angels, will tell more of Aku’s story through an art installation for guests to explore and interact with. A special curation of young Black artists including Jade Yasmeen, Asiko, Floyd Strickland, and Solomon Omogboye will be exhibited alongside two new original paintings by Micah Johnson, as well as three screen prints by Jean-Michel Basquiat. Guests will have the opportunity to view and purchase original artworks on-site.

Conceptualized by renowned creative and experiential studio MATTE Projects, the 30,000 square foot space will house a futuristic lifesize art installation of Aku’s Helmet, where guests can experience three otherworldly dimensions of Aku. The Blue Room will host exciting, informal panel conversations led by leaders in art, fashion, music and crypto, and The Patio will provide food and beverages for guests. Aku World: Miami will also host an invite-only VIP opening party on December 2nd with an intimate live musical performance by Kehlani.

Conceived by Micah Johnson in February 2021, Aku has since become the first NFT to be optioned for film and television projects and is the first NFT to travel to space. Aku is a conduit to empower the next generation of explorers and dreamers.

Aku World: Miami will be held at Wynwood Arts 29 (95 NW 29th St, Miami, FL 33127). The ticketed event will be open to the public on December 2-4 from 12pm-7pm daily. Tickets are on-sale now. Visit aku.world for more information.

Follow Aku on Instagram @aku.dreams, Twitter @AkuDreams and Discord.

Meet Aku:

• Digital explorer conceptualized by Micah Johnson in February 2021

• Created to empower the next generation of explorers and dreamers

• First NFT to be optioned for film and TV projects & to travel to space

Explore the Dimensions of Aku World:

• Aku’s Helmet: A futuristic lifesize installation of Aku’s Helmet will invite guests to experience and interact with multiple different worlds of Aku

• Curated Exhibitions: by young Black artists Jade Yasmeen, Asiko, Floyd Strickland, and Solomon Omogboye, alongside two original paintings by Micah Johnson, and screen prints by Jean-Michel Basquiat

• The Merch Room: will host exclusive merch collaborations with VIP guest collaborators Pusha-T, Jerome LaMaar, and Aleali May. Each day will be dedicated to a single limited time, limited edition collection, available for pre-order at the event and online

• The Blue Room: will host exciting, informal panel discussions with leaders in art, fashion, music & crypto; including: special sit downs between Micah Johnson and Aku's merch design collaborators Pusha-T, Aleali May and Jerome LaMaar

• The Minting Room: visitors can create their own 4D-scanned avatar that lives within the Aku universe and mint them into NFTs, which they can later trade, sell or display in their digital wallets

• Crypto Wallet: visitors can sign up for their own crypto wallet, collect NFTs and purchase digital artworks by legendary 3D artist, Raf Grassetti and unique Aku digital works

Event Information:  

WHAT: Aku World: Miami

WHO: Micah Johnson in collaboration with FTX US

WHEN: December 2-4, 2021 | 12PM-7PM

WHERE: Wynwood Arts 29, 95 NW 29th St, Miami, FL 33127

TICKETS: https://aku.world/ (OPEN TO THE PUBLIC) 

E11EVEN Partners And PMG Launch E11EVEN Residences Beyond And Break Ground On E11EVEN Hotel & Residences

After the fastest sell-out of a luxury condo building in Downtown Miami, E11EVEN Partners and PMG have announced they are launching their second phase, E11EVEN Residences Beyond and simultaneously broke ground on E11EVEN Hotel & Residences in Downtown Miami’s Park West district. The project launched due to an unprecedented demand in the marketplace following the sellout of phase one. Rising 65 stories, E11EVEN Residences Beyond offers a highly exclusive, "members only" experience designed to cater to high profile buyers who seek the VIP, entertainment-driven lifestyle of E11EVEN Hotel & Residences and the privacy of a private condominium. Units range from 318-square-foot studios to 993-square-foot two-bedrooms, as well as a presidential collection ranging from 1,167 to 2,762 square feet and penthouses starting at 2,213 square feet, totaling 461 luxury residences.

Designed by Sieger Suarez Architects, E11EVEN Residences Beyond boasts private amenities available only to residents in the tower. They include a helipad, a resort-like sun lounge deck with 93-foot pool, a state-of-the-art fitness center and fully staffed executive office suites. E11EVEN Residences Beyond buyers will also have access to the first tower’s amenities, including the Chopra Spa & Studio, day club, beach club, gourmet food hall, and sports lounge. A private, access-controlled walkway bridge will provide residents direct entry. Owners will also enjoy exclusive access to E11EVEN Residences Beyond Members Social Club.

Starting in the mid $300,000, or the equivalent cryptocurrency rate, all interiors and residences are fully furnished and finished by award-winning design firm AvroKO. Each features custom imported ITALKRAFT millwork and cabinetry, including fully-integrated kitchens and bathrooms with custom countertops and backsplashes and fully built-out closets in the master bedrooms featuring all shelving and drawers pre-installed for absolute convenience. Subzero and Wolf appliances and finishes and flooring selections curated by AvroKO ensure that each residence offers supreme form and function. PMG's smart home technology system will offer unprecedented efficiency through seamless personalization with the touch of a button that includes integrated audio, video and lighting systems.

Penthouse and presidential collection residences feature expansive outdoor terraces with top-level audio systems, towering 8-foot interior doors, upgraded custom ITALKRAFT kitchens with marble countertops and Sub-Zero wine storage, a midnight bar in each master suite, motorized roller shades, and expansive views of the Miami skyline, Biscayne Bay and Atlantic Ocean. Owners of these exclusive units enjoy access to the building through a private lobby entrance.

Taking luxury and style to even greater heights, the penthouses feature fully finished & custom interior layouts to be selected under one-on-one consultation with PMG’s in-house interior architectural design team and include marble flooring throughout the interiors and floor-to-ceiling impact-resistant windows.

PMG Residential is the sales team for the project, led by Raquel Kaufman alongside team members Pablo Rodriguez, Reiner Perez, Adam Freeman, Liza Hernandez and Lauren Negrin.

Since launching in February, E11EVEN Hotel & Residences Miami has garnered both domestic and international interest, including countless celebrity, athlete and executive buyers including high-profile cryptocurrency executives. WNBA player Candace Parker, ESPN co-host Sage Steele and MMA fighter Luke Rockhold are just a few of the high-profile buyers the luxury development has attracted.

The first phase of the project comprises 375 turnkey residences. Each unit comes equipped with fully-integrated “smart building” features and 24/11-style amenities, including celebrity-chef dining experiences throughout the property, a casino-style sports lounge, an E11EVEN Members rooftop experience, and a world-class Chopra Spa & Studio wellness center curated by Dr. Deepak Chopra. E11EVEN Hotel & Residences Miami is a lifestyle experience and destination, the first of its kind in the United States. Completion is expected for the first tower in 2023.

The groundbreaking of the first phase of E11EVEN Hotel & Residences Miami took place on November 11, the date reflecting 11/11, and included city officials, purchasers at E11EVEN Hotel & Residences, Miami real estate industry bigwigs, VIP brokers, celebrities, a celebrity performance and the surprise announcement of the launch of E11EVEN Residences Beyond.

E11EVEN Partners is led by Michael Simkins, Marc Roberts, and Dennis DeGori, who own the neighboring E11EVEN Nightclub. PMG is led by Managing Partners Ryan Shear and Kevin Maloney.

E11EVEN Hotel & Residences and E11EVEN Residences Beyond are two of the first pre-construction condos to accept cryptocurrency as a deposit through a first-time-ever real estate partnership with FTX, the world’s leading cryptocurrency exchange.

E11EVEN Hotel & Residences is located at 29 NE 11th Street and E11EVEN Residences Beyond will be located on the same block at 90 NE 11th Street.

For more information about E11EVEN Residences Beyond or E11EVEN Hotel & Residences, private showings or purchasing/ leasing information please fill out the form below:

PMG Partners With FTX.US To Accept Cryptocurrency at South Florida Real Estate Developments

PMG has announced a partnership with West Realm Shires Services Inc. (“FTX.US” or “FTX”), a leading U.S.-regulated cryptocurrency platform, as the sole platform handling cryptocurrency conversions for two of its South Florida projects deposits and residential transactions — E11EVEN Hotel & Residences Miami and Waldorf Astoria Residences Miami. This announcement represents FTX.US’s first entry into the real estate market, further establishing developer PMG as a trailblazer in the real estate industry and FTX.US as an innovator in the cryptocurrency financial services space. To commemorate the partnership PMG hosted the FTX/ Crypto Roundtable at Waldorf Astoria Residences Miami where Miami’s real estate leaders with experience completing deals using cryptocurrency met with FTX.US VP of Business Development Avinash Dabir for an in-depth discussion about how the FTX cryptocurrency platform handles cryptocurrency conversions for PMG’s luxury real estate properties.

“As FTX continues to grow its presence in the Miami area, we couldn’t think of a more ideal time to work with such a prestigious cryptocurrency exchange platform,” said Ryan Shear, Managing Partner of PMG. “We foresee this partnership with FTX bringing increased security for our cryptocurrency payment processes offered to buyers due to their extremely diverse portfolio and impressive experience.”

In June, national developer PMG announced it is the first U.S. real estate developer to accept cryptocurrency for condominium deposits in pre-construction projects through E11EVEN Hotel & Residences Miami. Additionally, E11EVEN Partners, the hospitality brand co-developing E11EVEN Hotel & Residences with PMG, announced in April that it is accepting cryptocurrency for transactions at its globally renowned nightlife venue, E11EVEN Miami. Through this deal, buyers utilizing cryptocurrency for either the remaining available inventory at E11EVEN Hotel & Residences Miami or Waldorf Astoria Residences Miami, or each following deposit, will have their payments converted through FTX.US.

FTX.US President Brett Harrison commented on the news, “Alongside FTX, cryptocurrency’s presence on the global stage only continues to grow, and this is just the latest development in that process. We are excited to add such prestigious institutions to our roster of partners and increase consumer access to digital assets and digital asset-related services. At FTX, we believe that crypto is the future of finance and strive to do our part on a daily basis to make this future come to fruition.”

Centrally located in Downtown Miami’s Park West District, E11EVEN Hotel & Residences Miami developed by PMG and E11EVEN Partners will be designed by internationally renowned Sieger Suarez Architects and feature finished residences and hotel rooms by award-winning design firm AvroKO. E11EVEN Hotel & Residences Miami encompasses 375 fully furnished residences. Each unit comes equipped with fully-integrated “smart building” features and 24/11-style amenities, including celebrity-chef dining experiences throughout the property, a casino-style sports lounge, an E11EVEN’s Members rooftop experience, and a world-class wellness center curated by Chopra Spa & Studio. E11EVEN Hotel & Residences Miami is destined to be a lifestyle experience and destination, the first of its kind in the United States. Residences start at $300,000 and include studio, one, and two-bedrooms, as well as a limited Penthouse Collection along with two Presidential Suites.

Located at 300 Biscayne Boulevard, the development of Waldorf Astoria Residences Miami is led by developer PMG, Toronto-based private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development and will be managed by global hospitality company Hilton. The tower will rise 100 stories and 1,049 feet above Biscayne Bay as the tallest residential building south of New York City. The property will consist of 360 private residences as well as 205 guestrooms and suites within the five-star hotel. Signature spaces will include Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a spa and fitness center. The development marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria Hotels & Resorts, in the Miami market.

Residences start at $1 million, with sales and marketing being led in-house by PMG Residential, including Aura Aragon, Alejandra Castillo, Karine Carvalho, Daiana Quiceno and Christian Tupper, in collaboration with Fredrik Eklund, Julia Spillman and John Gomes of Douglas Elliman’s Eklund | Gomes Team.

Home Of Miami Heat AmericanAirlines Arena Renamed FTX Arena Following 19-Year $135 Million Naming Rights Deal

AmericanAirlines Arena, home of the NBA’s Miami Heat in Downtown Miami’s Park West neighborhood, has officially been renamed the FTX Arena. The American Airlines signage has now been removed following the Heat’s Round 1 playoff loss to the Milwaukee Bucks. The name change is part of a 19-year, $135 million naming rights deal with cryptocurrency exchange FTX which was approved by Miami-Dade County Commissioners in March 2021.

As per the agreement the Heat, who have 19-years remaining on their lease with the arena, will receive an annual payment of $2 million for the naming rights from Miami-Dade County. FTX branding will also be placed on the Miami Heat’s website and digital platforms, promotions, contests and community engagement. American Airlines will retain a marketing agreement with the Heat.

Miami-Dade County has also entered into a partnership with FTX to collaborate on technology and Fintech education and has committed an additional $5 million in contributions to the county. Miami-Dade County must also reserve a portion of the naming rights deal proceeds to help combat local gun violence and poverty.

The deal represents the first partnership between a cryptocurrency company and a major American professional sports franchise. The partnership further advances Miami quest to be a cryptocurrency and blockchain hub and the Cryptocity.

AmericanAirlines Arena is located at 601 Biscayne Blvd. and first opened on New Years 1999 after the Heat moved from the Miami Arena. The arena was designed by Arquitectonica and 360 Architecture and had a total construction cost of $213 million. The spectator capacity for a basketball game is 19,600. The Miami Heat have appeared in five NBA Finals since 2010 and have won three NBA Championship titles since they were founded in 1988.

FTX US is a US-regulated cryptocurrency exchange led by CEO Sam Bankman-Fried. FTX operates two different exchanges, FTX (ftx.com) and FTX US (ftx.us). FTX is an international cryptocurrency exchange that is does operate in the US and supports more cryptocurrencies than FTX US. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. FTX pursues its mission, led by philanthropic founder Sam Bankman-Fried, to turn revenue into charitable giving which led to the launch of the FTX Foundation in which 1% of all FTX net fees are donated to select charities. FTX US supports Bitcoin, Ethereum, Dogecoin, Sushi, Tron, Tether, Litecoin, Bitcoin Cash and other cryptocurrencies.

Miami has quickly become the Cryptocity, and is becoming a cryptocurrency and blockchain hub led by Mayor Francis Suarez. Mayor Suarez’s goals include turning Miami into a Bitcoin mining hub by using the city’s nuclear power capability. He is also working towards allowing the use of Bitcoin to pay for tax and public services, as well as a salary option for city employees. Mayor Suarez set his focus on a Miami tech boom following the COVID-19 pandemic and has been working to attract the top tech and investment firms from San Francisco, Silicon Valley and New York City. The effort has paid off shown by taxable property values in Miami having doubled over the past decade as high-paying jobs have been attracted to the weather, beaches, restaurants, nightlife, low-tax and high-quality of life.

For a background on cryptocurrency and blockchain and its application to real estate check out the PROFILE Insider: The Crypto Revolution Versus The Evolution of Blockchain Part 1.

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