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Royal Yacht Brokers to accept cryptocurrencies and gold as payment for luxury yacht rental services

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The company believes that as cryptocurrencies are being increasingly accepted in the real estate market, it is only a matter of time before further adoption will be witnessed in luxury and lifestyle markets.

MONACO - Royal Yacht Brokers, a leading luxury yacht brokerage and rental agency, announced that the company will begin accepting cryptocurrencies, such as Bitcoin and Ethereum, national cryptocurrencies, such as CryptoRuble, and precious metals, such as gold and platinum, as payment for its services.

The company believes that as cryptocurrencies are being increasingly accepted in the real estate market, it is only a matter of time before further adoption will be witnessed in luxury and lifestyle markets. RYB is proud to be the first within the maritime industry to embrace this payment innovation.

“The cryptocurrency revolution has spawned a new class of millionaires who enjoy significant profits from speculation and investment” said RYB CEO Tommaso Chiabra. “We see this spending power now pervading the luxury industries and are happy to support our clients by implementing the new technology”.

Accepting cryptocurrencies and precious metals as payments will lower fees for RYB yacht charters and sales, and save significant time on payment settlement and banking delays.

The company is pleased to have selected Goldmoney Inc. to process its cryptocurrency and precious metal payments.

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