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Tierion CEO Wayne Vaughan bought music manager Scott Brown’s luxurious Texas mansion with BTC.
Scott Samuel Braun, known as Scooter Braun, collaborates with several musical artists. He promotes stars such as Justin Bieber, Ariana Grande and Demi Lovato. He sold his Texas property for $18.5 million in bitcoin, making it the biggest cryptocurrency deal in the history of the state.
The mansion was bought by Wayne Vaughan, CEO of technology company Tierion, which uses blockchain to verify data, files or business processes internationally. The home sits on about two acres of land near Lake Austin, and the mansion measures 7,400 square feet. It has six bedrooms and seven bathrooms, and next to it is a large terrace with a swimming pool and a promenade.
The first purchase of real estate in Texas for bitcoins was made back in 2017. At the beginning of the year, Miami-based Milo offered BTC loans to cryptocurrency owners to buy a home in the United States. Real estate agent Ryan Serhant estimates that over the next five years, 50% of real estate transactions will be conducted using digital assets.
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