Particle.news
Download on the App Store
3 ARTICLES
·
4w ago

Sale of San Francisco's Iconic Toronado Beer Bar Remains Unconfirmed

The legendary cash-only bar is in contract to be sold, with cryptocurrency investor Orion Parrott reportedly involved, but the deal has not been finalized.

Toronado founder Dave Keene, left, with Denis Dominique, brewmaster at the Abbey of Scourmount in Belgium, at the bar in 2003.
Author Sean Wilsey has a beer at the Toronado in 2005.
Image
Image

Overview

  • The Toronado, a renowned San Francisco beer bar, has been in contract for sale since January 2025 but remains in the contingency period, according to the real estate agent.
  • Reports suggest Orion Parrott, a cryptocurrency investor associated with Orange DAO, is the potential buyer, though this has not been officially confirmed.
  • Parrott reportedly plans to introduce a cryptocurrency called 'ToronadoCash,' sparking skepticism and backlash from the bar's loyal patrons and the beer community.
  • The bar's staff has not been informed of any confirmed sale, with some expressing doubts about the reported transaction.
  • The Toronado, a cultural institution since 1987, is celebrated for its rare beer selection and cash-only policy, raising concerns about preserving its legacy under new ownership.