MoonPay CEO buys Miami Beach home for $42 million

Chris Bosh, Ivan Soto-Wright and the house (Compass / One Sotheby’s International Realty, Getty)

A cryptocurrency CEO is buying the Miami Beach waterfront estate previously owned by retired Miami Heat star Chris Bosh — but it’s unclear what currency method he’s using.

MoonPay co-founder and CEO Ivan Soto-Wright is paying around $38 million for the mansion at 6396 North Bay Road, sources told The Real Deal.

Bosh, an NBA All Star, sold the property in January for $14.4 million, and the buyer, AquaBlue Group, has listed it for sale for $42 million.

The nearly 12,400 square foot, seven-bedroom mansion was developed in 2009 on a 24,000 square foot lot. The property includes an infinity pool, dock, outdoor kitchen, gym and guest house.

AquaBlue, led by Philippe Harari, has completely renovated the house to include a new kitchen, flooring, closets and bathrooms. It was originally designed by Touzet Studio.

Albert Justo and Mirce Curkoski of the Waterfront team at One Sotheby’s International Realty are the listing agents. Dina Goldentayer of Douglas Elliman represents the buyer. Justo, Curkoski and Goldentayer declined to comment.

MoonPay, a cryptocurrency startup led by Soto-Wright, raised $555 million last month from Tiger Global Management and Coatue, CNBC reported. The deal valued the company at $3.4 billion.

Sales of ultra-luxury homes on North Bay Road have skyrocketed over the past year and a half.

Chicken Kitchen founder Christian de Berdouare and his wife, former TV journalist Jennifer Valoppi, have sold their waterfront mansion at 5004 North Bay Road for $29.5 million.

In July Josh Harris, billionaire co-founder of Apollo Global Management, paid $32.3 million for the mansion at 2060 North Bay Road. Marcelo Claure, CEO of Softbank Group International and executive chairman of WeWork, sold the house.

Dwyane Wade, Bosh’s former teammate, last year sold his house next door, also on North Bay Road, for $22million.

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