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LYNN, Mass., March 02, 2021 (GLOBE NEWSWIRE) — CoinMover, a U.S.-based Bitcoin ATM kiosk firm, for the primary time, is working to safe outdoors funds to speed up the enlargement of its kiosk places.
With worthwhile operations in three states at this time, CoinMover is able to scale its mannequin nationwide. Having leveraged some present partnerships they’re poised to do that quickly throughout 49 of fifty states.
“CoinMover hopes to lift $5 million from outdoors traders this Spring. We’re enthusiastic about how it will assist us develop in 2021,” mentioned Co-Founder and CEO, Jim Murray.
With the worldwide market capitalization of digital forex set to succeed in into the trillions of {dollars} this yr, demand for CoinMover’s providers has seen month-over-month double-digit progress.
“Since increasing our footprint in 2020, CoinMover’s 82% progress throughout a worldwide pandemic, mixed with a 5x income enhance to $12.5 million is a testomony to the longer term potential of the cryptocurrency market,” mentioned Mike Scanlan, Co-Founder and Chief Know-how Officer.
To be taught extra about CoinMover’s capital increase and to view the up to date marketing strategy, please contact invest@coinmover.com.
For media inquiries, please contact Raquel Heras.
About CoinMover
CoinMover was based in 2018 in Lynn, MA. Its platform permits prospects to change conventional money for digital forex at any of its kiosks in extremely accessible retail places. CoinMover’s kiosk can change money for any of the highest 4 digital currencies: Bitcoin, Ethereum, Litecoin, and Sprint.
Media Contact: Raquel Heras
Raquel@nisonco.com
315-235-9673
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