The Italian manufacturer recently announced his interest in payment support with cryptocurrencies. The new motorcycle models can now be purchased at the price of 2 BTC.
The Italian manufacturer of vintage motorcycles, Soriano Motori, just made official its interest in accepting bitcoin and cryptocurrencies as a method of payment worldwide. Digital assets are taking hold in society and offer an improvement regarding international business transactions and a benefit for customers and suppliers.
For the purchase of its current range of motorcycles that can be made from the Soriano Motori website, a payment method in cryptocurrencies with Coinbase processing will be implemented.
According to the manufacturer, this addition would allow them to reach different parts of the world that were conditioned by barriers inherent to the fiat system, apart from being a useful mechanism to supply new models of electric motorcycles worldwide.
“All our clients will be able to benefit from the great advantages that cryptocurrencies offer. Thanks to digital currencies like Bitcoin, we can carry out international transactions without commissions or without attending to exchange rate fluctuations, among others ” SaidMarcos A. Soriano, founder of the Soriano Group Family Office.
The Luxury Sector Bets on Cryptocurrencies
The motor sector, now led by Soriano Motori, joins other luxury sectors that are following the bid for the so-called “digital gold”. There is precedent for auto and second-hand companies that had already made sales in bitcoins.
Soriano, linked to artisan manufacturing mainly focusing on collectors, becomes the first luxury motorcycle manufacturer in the world to accept this payment method.
The purchase of these limited editions can only be made through www.sorianomotori.com at the approximate price of 2 BTC. As we can see in its payment gateway, at the moment, there is only the possibility of buying in fiat currencies, although the proposal is to accept payments through digital currencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH ), or LiteCoin (LTC).
The Founder of Grupo Soriano and His Connection with Traditional Banking
Soriano is a brand created by Ricardo Soriano-Scholtz in 1919. Today it continues with its innovations and trending both in motorcycle manufacturing and in the adoption of digital assets, along with other cryptocurrencies.
The initiative to accept payments through cryptocurrencies could be related to the activity of the Family Office portfolio of the Soriano group. Regarding its founder´s history, we can find a career that links to private banking, Goldman Sachs, and the World Bank.
His representation explains how the traditional investment sector has turned its interest and attention to Bitcoin. The Bardicredit Company that is a partner of the Soriano group is part of the New York Freemasonry.
By: Jenson Nuñez.
