EXCLUSIVE: La Rosa Adds Bitcoin and Crypto Payment Options For Network Agents

Benzinga

2024/12/23

On Monday, La Rosa Holdings Corp (NASDAQ: LRHC) announced it will offer Bitcoin BTC/USD and other cryptocurrencies as a payment option for its network of agents. This initiative allows agents to ...

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S\nantos flagged how blockchain technology offers the potential to streamline transactions while delivering unmatched flexibility in how agents and clients engage in the real estate market.\nCEO Joe La Rosa expects the step to enable agents to receive their commissions in cryptocurrency. Rosa noted cryptocurrency payments offer faster, more secure transactions with lower fees while providing the potential for income growth through the value appreciation of digital assets.\nAdditionally, this initiative could create a new revenue stream for La Rosa, with the company implementing a 2% fee for agents who receive cryptocurrency payments.\nPrice Action: LRHC stock closed higher by 18.7% at $0.8072 on Friday.\nAlso Read:\n\nBlackBerry Growth Hinge On IoT, Secure Communications Despite Valuation Concerns: Analyst\nMarket News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}