**Bitcoin for Real Estate: ByteFederal Launches Service in Florida**
ByteFederal has introduced a groundbreaking pilot program in Florida that allows real estate buyers to purchase properties using bitcoin, with sellers receiving settlements in U.S. dollars. This innovative service, announced on July 21, 2025, focuses on new construction properties and is made possible through a strategic partnership with New Estate Only (NEO), a platform dedicated to new real estate developments.
In collaboration with OPISAS, an international real estate firm, ByteFederal is also enabling foreign investors to buy U.S. properties with cryptocurrency, thereby broadening access to Florida’s housing market. The pilot program allows buyers to make security deposits and final payments in bitcoin, which ByteFederal converts to USD for escrow or title companies. “We generate a Bitcoin QR code, you make the Bitcoin payment, we handle the conversion, and then we deliver USD fiat to the escrow or title company for closing,” explained Paul Tarantino, CEO of ByteFederal.
Currently, the service operates manually but has a growing waitlist and plans to become fully automated soon. Buyers have the flexibility to fund transactions entirely in bitcoin or mix cryptocurrency with fiat, accommodating various financial strategies. ByteFederal’s partnership with NEO utilizes the latter’s platform, which acts as a multiple listing service (MLS) for new construction—a segment often overlooked by traditional MLS platforms. NEO, backed by venture capital and active in Florida and Texas, lists a variety of properties, including single-family homes, townhomes, condos, and high-rise apartments. “NEO is the first company to build a big platform for all the new housing and development projects,” Tarantino noted.
The collaboration with OPISAS specifically targets international investors, particularly from Italy, who are interested in U.S. real estate. OPISAS assists in property selection, while ByteFederal manages the crypto-to-fiat conversions, ensuring sellers receive USD without the risk of bitcoin’s price fluctuations. This partnership aligns with the increasing global interest in U.S. real estate, with NEO planning to expand into markets such as Colombia, El Salvador, Italy, and Dubai. “They can be going in both directions—someone in the U.S. buying real estate in Colombia or someone in Colombia buying in the U.S.,” Tarantino highlighted, emphasizing the platform’s global potential.
Based in Florida, ByteFederal operates Bitcoin ATMs, offers the ByteWallet, and provides ByteConnect, a point-of-sale system for merchants. With 15 money transmitter licenses, the company prioritizes regulatory compliance, positioning itself to take advantage of recent U.S. regulatory developments like the Clarity Act, which may offer legal clarity for stablecoins and Lightning Network transactions. “It’s going to bring a lot of new users into the market who were maybe afraid of it,” Tarantino concluded.
**FAQ**
**Can I buy real estate in Florida using bitcoin?**
Yes, ByteFederal’s new service allows buyers to purchase properties in Florida using bitcoin, with settlements made in U.S. dollars.