RockItCoin, a Chicago, IL-based Bitcoin ATM company, acquired FirstCoin ATM and Phoenix Crypto Bitcoin ATM networks.
FirstCoin ATM, a regional Bitcoin ATM operator, has locations primarily in California and Texas, while Phoenix Crypto extends its reach across Arizona. The joining of these entities under the RockItCoin name will expand RockItCoin’s Bitcoin ATM network by 78 ATMs to well over 2,000 locations nationwide and will offer former Phoenix Crypto and FirstCoin ATM customers expanded access to RockItCoin’s innovative products and solutions.
The amount of the deals was not disclosed.
With the acquisitions, RockItCoin will improve accessibility to cryptocurrencies and fortify its position as a player in the Bitcoin ATM industry.
Founded in 2015 by Michael Dalesandro and also led by Ben Phillips, President, RockItCoin is a crypto blockchain company with a nationwide network of crypto ATMs with over 2,000 locations in 47 States and 16,000 retail deposit locations, allowing consumers to buy or sell cryptocurrencies.
FinSMEs
20/10/2023