ByteFederal Enables Bitcoin Payments for Florida Real Estate Purchases in New Pilot Program

ByteFederal, a leading blockchain technology company, has launched an innovative pilot program in Florida allowing property buyers to pay for real estate using bitcoin. This groundbreaking initiative enables users to complete transactions with cryptocurrency while ensuring sellers receive their payments in U.S. dollars. Announced on July 21, 2025, the program targets new construction properties and leverages strategic partnerships to broaden access to both local and international real estate markets.

How ByteFederal’s Bitcoin Real Estate Payment Pilot Works

The Florida pilot program allows buyers to use bitcoin for various stages of the home-buying process, including:

• Security deposits
• Final closing payments

ByteFederal generates a Bitcoin QR code for each transaction, simplifying the payment process. Once the buyer transfers bitcoin, ByteFederal instantly converts the cryptocurrency to U.S. dollars. The converted funds are then delivered to escrow or title companies for disbursement to the seller.

“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, this process is manual but is expected to become fully automated soon. Buyers enjoy the flexibility of funding transactions either entirely in bitcoin or through a combination of cryptocurrency and traditional fiat currency, catering to diverse financial preferences.

Partnership with New Estate Only (NEO) Expands New Construction Access

ByteFederal’s pilot program operates in close collaboration with New Estate Only (NEO), a platform focusing exclusively on new construction developments. Unlike traditional multiple listing services (MLS), NEO serves as a specialized marketplace that lists:

• Single-family homes
• Townhomes
• Condominiums
• High-rise apartments

This segment is usually underrepresented on classic real estate platforms.

“NEO is the first company to build a big platform for all the new housing and development projects,” Tarantino added.

NEO is venture capital-backed and currently active in Florida and Texas, providing a rich inventory of properties for buyers using ByteFederal’s bitcoin payment system.

Expanding Global Reach: International Buyers Can Use Cryptocurrency

ByteFederal’s collaboration with OPISAS, an international real estate firm, opens opportunities for foreign investors, particularly from Italy, to purchase U.S. real estate using cryptocurrency. OPISAS assists international buyers in property selection while ByteFederal manages the crypto-to-fiat conversion.

Benefits of this partnership include:

• Protection from bitcoin price volatility by converting payments to USD before seller receipt
• Access to Florida’s robust housing market through cryptocurrency
• Plans to broaden the platform’s reach to markets in 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 global potential of the platform.

ByteFederal’s Regulatory Compliance and Technology Infrastructure

Headquartered in Florida, ByteFederal is known for operating Bitcoin ATMs, offering the ByteWallet, and providing ByteConnect, a point-of-sale system tailored for merchants. The company holds 15 money transmitter licenses across various U.S. states, emphasizing its commitment to regulatory compliance.

These licensing credentials position ByteFederal advantageously amid recent U.S. regulatory developments such as:

• The Clarity Act, which provides legal clarity for stablecoins like Tether
• Support for Lightning Network transactions

Tarantino anticipates these regulatory improvements will encourage more users to enter the cryptocurrency market, especially with ByteFederal’s upcoming custodial wallet launch scheduled for September 2025.

Market Context: Crypto and Real Estate Integration on the Rise

The timing of ByteFederal’s pilot aligns with broader shifts in U.S. financial policy. For instance, the Federal Housing Finance Agency (FHFA) is exploring the use of crypto assets in mortgage underwriting, signaling an increased acceptance of digital currencies within mainstream finance.

ByteFederal provides a compliant bridge addressing critical challenges such as:

• Taxation complexities
• Liquidity constraints

By focusing on new construction and international buyers, ByteFederal is well-positioned to capitalize on Florida’s dynamic real estate market and expanding cryptocurrency adoption.

Summary of ByteFederal’s Bitcoin Real Estate Pilot

Explore more about buying real estate with cryptocurrency and stay informed on how blockchain is reshaping the property market by visiting authoritative sources such as CoinDesk’s Crypto Real Estate Reports and National Association of Realtors.

ByteFederal’s pioneering program signifies a crucial step towards mainstream adoption of cryptocurrency in the real estate industry, making property investment more accessible to tech-savvy buyers both domestically and internationally.