Crypto Rich Are Flocking to Australia

Michael Egorov, the CEO of the DeFi protocol Curve Finance, and his wife Anna have purchased two mansions worth $40 million in the city of Melbourne, Australia.

The strong interest in the real estate market continues in Australia. According to The Block’s report, Michael Egorov, the CEO of the DeFi protocol Curve Finance, and his wife Anna have purchased two mansions worth $40 million in the city of Melbourne, Australia. It is stated that the couple’s total property holdings in Australia cover an area of 61,000 square meters.

According to a recent report by the Australian Treasury released last week, the couple’s latest acquisition worth $27 million includes a historic Victorian mansion called Avon Court. Built in the 1870s, this mansion features nine bedrooms, two pools, well-maintained gardens, a gym, a sauna, a maid’s room, a wine cellar with a capacity of 4,000 bottles, a 10-car garage, and two rooftop terraces with city views.

Famous Crypto Companies Continue to Buy Real Estate in Australia

The luxury real estate market in Australia has become increasingly attractive to buyers from the crypto industry in recent times. It is noted that last year, Edward Craven, the co-founder of Stake.com, purchased a mansion worth $80 million in Melbourne, and Lin Li, the wife of Jian Huang, the co-founder of StepN, bought a property worth $15 million in Sydney.

As a result, we see that the luxury real estate market in Australia has garnered significant interest from crypto billionaires. CEOs and co-founders of leading crypto companies are flocking to Australia, acquiring mansions and estates worth millions of dollars. This trend has become more prominent with the purchase of two mansions worth $40 million in Melbourne by Michael Egorov, the CEO of Curve Finance, and his wife Anna.

Previous Article

Cryptocurrency Exchange BKEX Freezes Withdrawals

Next Article

Genesis and Gemini Continue to Pressure the SEC

Related Posts