Greenline Yachts Completes First Crypto Transaction for Sale of Greenline 45 Coupe yachtharbour.com

Greenline Yachts has taken a significant step in the marine industry by conducting its first full cryptocurrency transaction for the sale of a Greenline 45 Coupe.

Greenline owner Vladimir Zinchenko noted that while the company had permitted partial cryptocurrency payments since 2018, this transaction represents the first complete cryptocurrency purchase handled by the yard. The process went smoothly, influenced positively by BitPay, a company specialized in cryptocurrency payment processing, which converted the Bitcoin into euros seamlessly.

The buyer, introduced by Yacht Partners International in Greece, opted for an expedited build slot, ensuring the yacht would be ready for delivery in June. This accelerated schedule allows the owner to begin enjoying the vessel during the Mediterranean summer.

This transaction highlights the growing acceptance of cryptocurrencies in high-value markets, as the buyer likely profited from the significant appreciation of Bitcoin since its original purchase. The buyer chose the Coupe version of the yacht, known for its emphasis on solar energy, with a solar array capable of generating substantial power for autonomous operation.

Additionally, the yacht incorporates an office space instead of a traditional third cabin, leveraging solar power to facilitate connectivity and productivity while offshore. This choice reflects the buyer's preference for a tech-enabled, eco-friendly yachting experience.

Greenline' s move to accept cryptocurrency payments underscores the company's ongoing effort to integrate innovative technologies into its products and processes, further enhancing the ownership experience.