CryptoMoneyGram Invests In Bitcoin Kiosk Operator Coinme

MoneyGram Invests In Bitcoin Kiosk Operator Coinme

-



  • MoneyGram has acquired a 4% stake in Coinme.
  • The cash transferring firm mentioned the funding will help the bitcoin-to-cash trade’s progress plans.
  • Coinme at the moment operates in 48 U.S. states and goals to develop internationally.

Remittances big MoneyGram has acquired a minority stake (4%) in bitcoin-to-cash trade Coinme, in accordance with a Wednesday press release. The funding closes Coinme’s collection A financing spherical with the purpose to propel its worldwide growth plans and assist MoneyGram bridge the bitcoin and fiat worlds.

“At MoneyGram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency and our ability to operate as a compliant bridge to connect digital assets to local fiat currency,” MoneyGram chairman and CEO, Alex Holmes, mentioned in an announcement. “Our investment in Coinme further strengthens our partnership and compliments our shared vision to expand access to digital assets and cryptocurrencies.”



Source link

Latest news

Voice Control In Mobile Apps – How To Do It

Man has always aimed to make life comfortable and easy. When he wanted to travel from place to place,...

Proven Digital Innovations to Scale-Up Business Operations

Vast improvements in digital technology have propelled the competitive market to achieve business transformation and create more effective ways...

Is Bitcoin A Burden For CPAs To Manage?

Since the beginning of 2022, I have been pounding the pavement to talk with brick-and-mortar merchants about accepting...

Final Audio E3000C and E1000C Wired Earphones Review

The introduction of high-resolution audio to Apple Music in 2021 boosted the already active audiophile movement, and increased...

Must read

Voice Control In Mobile Apps – How To Do It

Man has always aimed to make life comfortable and...

Proven Digital Innovations to Scale-Up Business Operations

Vast improvements in digital technology have propelled the competitive...

You might also likeRELATED
Recommended to you