WeWork To Accept And Transact With Bitcoin

WeWork, a flexible shared workspace provider, has announced that it will integrate bitcoin transactions and hold BTC on its balance sheet through a partnership with cryptocurrency exchange and custody provider Coinbase as well as bitcoin payments processor BitPay.

Coinbase also has the distinction of being the first WeWork client to pay its fees in cryptocurrency, per the announcement.

“Through BitPay … WeWork will accept bitcoin (BTC) … and several other cryptocurrencies as payment for its offerings,” according to the announcement. “WeWork will also hold the currency on its balance sheet. The company will pay landlords and third party partners in cryptocurrencies where applicable through Coinbase.”

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