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Announced

Unicoin to acquire Eden Grand Resort for $335m.

Synopsis

Unicoin, an assets-backed cryptocurrency, agreed to acquire Eden Grand Resort, a luxury resort in Chonburi Thailand, for $335m. "Unicoin is a perfect asset tokenization tool for real estate developers, as, by pooling multiple properties in our portfolio, we may turn Unicoin into a leading crypto brand with staying power. As an assets-backed, publicly reporting, audited and SEC-compliant cryptocurrency, Unicoin may win a significant market share from the assetless cryptocurrencies of the First Wave and provide Mr. Adnan with a high return on his investment," Alex Konanykhin, Unicoin CEO.

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