The move makes Caruso the largest real estate manager to accept bitcoin for payment.
California real estate stalwart Caruso properties will now accept bitcoin (BTC, -2.46%) for rent on all its properties.
In a partnership with Gemini Exchange, Caruso will now let tenants of its retail and commercial properties pay their rent in bitcoin. This makes Caruso the largest real estate manager in the United States to accept the digital asset as a form of payment.
Additionally, Caruso has allocated roughly 1% of its treasury into bitcoin, according to the LA Times.