- Technology - Camper & Nicholsons selects crypto partner

By SuperyachtNews

Camper & Nicholsons selects crypto partner

Through the use of BitPay, C&N creates improved customer acquisition opportunities globally…

Camper & Nicholsons (C&N), one of the market’s leading full-service brokerage houses, has announced that it is now accepting cryptocurrency payments for goods and services through BitPay, a leading Bitcoin and crypto payment service. According to C&N, this development should help the 240-year old business attract new pools of customers to the various superyachting sales markets.

“We decided to accept crypto to expand our market, cater to new consumer preferences and give customers more options, flexibility, and freedom,” comments Paolo Casani, CEO of Camper & Nicholsons. “BitPay manages the entire process and makes it easy and safe to receive crypto from the customer and deposits cash into our account.”

“Camper & Nicholsons realises the potential for crypto to transform the yachting industry, making payments faster, more secure, and less expensive on a global scale,” says Merrick Theobald, vice president of Marketing at BitPay. “With the total market cap of crypto approaching $2 trillion, Camper & Nicholsons is also now well-positioned to take advantage of this wealth by helping those crypto holders who are looking to purchase luxury items like yacht sales and yacht charters.”

C&N is the latest in a raft of brokerage houses to start accepting crypto payments for their various services. Indeed, it wasn’t so long ago that many in the brokerage community were dismissing crypto as a fad and suggesting that deals through various cryptocurrencies would be restricted to the occasional novel transaction. While crypto transactions still only account for a small proportion of the market’s deals, their number is growing rapidly.

As part of a major research project, we want to understand what the brokerage community can do better to help continue and build upon the excellent sales momentum generated over the last two years across both second-hand and new build sales. How important to the brokerage community will cryptocurrencies be moving forward? What other products or services should be added to the brokerage offering? What could brokers learn from other markets more mature markets? Where is the value added by brokers?

In order to create a clear picture of where the brokerage sector should be heading, we are asking the market, especially those stakeholders that have regular dealings with brokers and brokerage houses, to complete the short survey above. Alternatively, click on the following link to have your say - What is the future of brokerage?

Profile links


Join the discussion

How much potential does the crypto sales market hold for the superyacht industry?


To post comments please Sign in or Register

When commenting please follow our house rules

Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry‚Äôs most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for What do you think of brokers?

What do you think of brokers?

Exploring where value is added and where improvements can be made to this essential sector


Image for IGY Trident launches membership programme for superyacht owners

IGY Trident launches membership programme for superyacht owners

The new programme aims to “simplify and enhance” superyacht ownership through a variety of benefits


Image for An Octopus in Antarctica

An Octopus in Antarctica

Camper and Nicholsons confirm that the iconic explorer will be available for charter in Antarctica in late 2022


Image for US to use funds from seized Russian assets to aid Ukraine

US to use funds from seized Russian assets to aid Ukraine

Who is going to buy an aggravated oligarch's superyacht, one who doesn't believe that the asset should have been seized in the first place? Not I.


Image for New Zealand waits on maritime border opening

New Zealand waits on maritime border opening

Ben Osborne, director of 37South, looks ahead to the next cruising season for the New Zealand charter market


Image for Express yourself

Express yourself

Are we expressing with our full capabilities?


Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on