Bitcoin Depot Announces Distribution Partnership With CORD Financial Services
Portfolio Pulse from Benzinga Newsdesk
Bitcoin Depot Inc. (NASDAQ:BTM), a U.S.-based Bitcoin ATM operator, has announced a partnership with CORD Financial Services, a provider of ATM solutions. The partnership aims to distribute Bitcoin Depot kiosks across the U.S. leveraging CORD's established customer base and expertise in the ATM industry. The move is expected to expand Bitcoin Depot's retail locations and drive additional placement opportunities for the business.
November 09, 2023 | 1:35 pm
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Bitcoin Depot's partnership with CORD Financial Services is expected to expand its retail locations and increase placement opportunities for its Bitcoin ATMs.
The partnership with CORD Financial Services, a leading provider of ATM solutions, is a strategic move for Bitcoin Depot. It allows the company to leverage CORD's established customer base and expertise in the ATM industry, which could lead to an increase in the distribution of Bitcoin Depot's ATMs, thus potentially boosting its revenues and market presence.
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