RockItCoin, a US-based crypto blockchain firm, has acquired regional Bitcoin ATM operator FirstCoin ATM and Phoenix Crypto for an undisclosed sum, in keeping with an announcement.
The corporate stated this strategic growth solidifies its place out there, increasing its presence throughout america.
FirstCoin ATM, primarily working in California and Texas, together with Phoenix Crypto’s presence in Arizona, will improve RockItCoin’s Bitcoin ATM community by 78 ATMs.
This brings their complete to over 2,000 nationwide areas. With this transfer, earlier Phoenix Crypto and FirstCoin ATM prospects will now have enhanced entry to RockItCoin’s progressive merchandise and options.
Michael Dalesandro, RockItCoin’s CEO and founder, shared his enthusiasm for the acquisition, stating:
Phoenix Crypto and FirstCoin ATM are excellent additions to the RockItCoin ecosystem. Their values and missions align seamlessly with ours, and we’re desirous to introduce their customers to our array of high-quality companies.
This acquisition follows RockItCoin’s earlier buy of XBTeller, emphasizing its rising affect within the nationwide market. Having a community of over 2,000 Bitcoin ATMs locations RockItCoin in a singular place to supply unmatched cryptocurrency accessibility and top-tier customer support.
Staying true to its dedication to the expansion and accessibility of cryptocurrency, RockItCoin is constantly scouting alternatives for collaborations or acquisitions of smaller Bitcoin ATM operators. Such entities, in search of to leverage RockItCoin’s huge operational infrastructure, are invited to discover partnership prospects.
Ben Phillips, RockItCoin’s President, highlighted the corporate’s collaborative strategy:
We’re deeply dedicated to working with companions who echo our zeal for broadening the horizons within the crypto sphere. Collaborating allows broader entry to cryptocurrency, probably driving wider adoption.
RockItCoin, with its expansive Bitcoin ATM community, user-centric cellular app, OTC buying and selling desk, and the brand new RockItCoin Go retail deposit service, stays on the forefront of constructing cryptocurrency approachable for everybody.
Established in 2015 by Michael Dalesandro, RockItCoin is a Chicago-based crypto blockchain agency acknowledged as an Inc. 5000 honoree. It has presence in 47 states, an in depth community of crypto ATMs, and 16,000 retail deposit areas.
