Office building with estate company Okada's OpenSea listing to come back on the market for $29.5 million

06/16 03:10

According to Coindesk, Okada, a commercial real estate company sold its a New York City office building for $29 million as a non-fungible token (NFT) on OpenSea. The listing’s price, however, was set in ether (ETH), which has plummeted over 40% since the start of June, taking the list price of the building with it. The dollar value of the NFT has dropped from $29 million to $16.8 million, though its owner, Chris Okada, says the price will soon be adjusted. We’re going to relist the sale at $29.5 million, most probably Thursday, deciding on staying with ETH or going to USDC. If we go with ETH it’ll be closer to 26,500 ETH.” Okada said in a Twitter message.
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