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WeWork to accept crypto for membership fees and pay landlords in bitcoin

WeWork will also hold cryptocurrencies on its balance sheet

By

Emily Nicolle

A receptionist wears a facemask as she works behind a transparent shield at the WeWork, coworking and office space in the City of London
A receptionist wears a facemask as she works behind a transparent shield at the WeWork, coworking and office space in the City of London Photo: Tolga Akmen/Getty Images

Flexible office space provider WeWork has said it will roll out a way for members to pay their fees and rent out desks using cryptocurrencies.

Offered via a partnership with crypto exchange Coinbase and payments platform BitPay, WeWork will accept payments in bitcoin, ether, USD coin and paxos and several other cryptocurrencies. The company also said it will hold the cryptoassets on its balance sheet.

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