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gafisa.com.br

Stage

PIPE | IPO

Market Cap

0.45B

About Gafisa

Gafisa (NYSE:GFA) is a Brazilian residential construction and real estate company.

Gafisa Headquarter Location

Av. Nacoes Unidas, 8501 19th Floor

Sao Paulo, 05425,

Brazil

(55 11) 3025-9474

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Latest Gafisa News

Crypto Is Now Accepted By One Of Brazil’s Leading Real Estate Companies

May 26, 2022

Crypto And Real Estate: A Perfect Pair Guilherme Augusto Soares Benevides, the chief executive officer of Gafisa, cited the digital currency industry’s expansion as one factor for the company’s consideration. “There is no way to conduct business without embracing crypto as a method of payment because, on top of offering an additional payment option for the buyer … the usage of the currency promotes the best for our customers,” said Benevides. Because of the quick expansion of the digital currency’s popularity in Brazil, the country has become one of the most notable adopters. According to a survey by Chainalysis, the nation ranks sixth in terms of value transferred on the blockchain. Despite the fact that Brazil’s Central Bank does not recognize bitcoin as a payment method, the medium of exchange has progressed to the point where it is now extensively utilized. The participation of big corporations listed on a stock exchange demonstrates the prevalence of this practice. Crypto total market cap at $1.20 trillion on the daily chart | Source: TradingView.com Brazil’s Growing Appetite For Crypto “Bitcoin is the most valuable cryptocurrency by market capitalization and technologically the biggest currency in history,” Benevides said. “It is a currency that is gaining in popularity daily, hence broadening its applications.” In addition to Bitcoin, Gafisa accepts various additional virtual currencies, including Cardano ($ADA), Ethereum ($ETH), $XRP and Solana ($SOL). The company accepts payments in a total of 16 different cryptocurrencies. One out of every 130 Brazilians lives in a property created by Gafisa, making the company one of the top real estate developers in the country. To acquire real estate with cryptocurrency, buyers must submit a paperwork indicating their intent to do so. This form will then be properly examined by the company prior to the buyer receiving a wallet address. Bitcoin’s closing prices have been negative over the past few months. The prior week marked the seventh consecutive weekly decline, the longest in recorded history. Nevertheless, despite the optimistic attitude around the market, it closed the week in the negative, causing widespread alarm among investors. Featured image from Brazil Bahia Property, chart from TradingView.com

Gafisa Web Traffic

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  • Where is Gafisa's headquarters?

    Gafisa's headquarters is located at Av. Nacoes Unidas, 8501, Sao Paulo.

  • What is Gafisa's latest funding round?

    Gafisa's latest funding round is PIPE.

  • Who are the investors of Gafisa?

    Investors of Gafisa include GWI Group.

  • Who are Gafisa's competitors?

    Competitors of Gafisa include EmCasa.

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