Trump's $1B Dubai Tower Project to Accept Crypto Payments for Luxury Apartments
The Trump Organization's $1 billion Dubai tower will accept cryptocurrency for property sales upon completion. Eric Trump highlighted Dubai as a global investment hub, noting its appeal to international investors. The Trump International Hotel and Tower will include a hotel, luxury residences, a private clubhouse, and the highest pool in the world, with completion expected in five years. Apartment prices range from $1 million to $1.3 million, with penthouses priced at $20.4 million each. Dubai's property market faces scrutiny for its opacity and association with illicit funds, as revealed by a 2023 data leak. The Trump family's involvement in crypto has expanded from NFTs to various digital asset ventures. Eric Trump has taken an advisory role with Metaplanet and will participate in the Token2049 event in Dubai.
