RATE Group | Pantera Capital Leads Coinme’s $10M Series A to Accelerate Mainstream Adoption of Cryptocurrencies
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Pantera Capital Leads Coinme’s $10M Series A to Accelerate Mainstream Adoption of Cryptocurrencies

07 May Pantera Capital Leads Coinme’s $10M Series A to Accelerate Mainstream Adoption of Cryptocurrencies

Posted at 13:11h in Cryptocurrency News by

Coinme

Coinme

Coinme and Pantera Capital

SEATTLE, May 07, 2020 (GLOBE NEWSWIRE) — Coinme, a global leader in cryptocurrency exchange services, today announced a $5.5M USD investment by Pantera Capital as part of its ongoing Series A fundraising round. Joey Krug, Co-Chief Investment Officer at Pantera Capital, will be joining Coinme’s Board of Directors as part of the investment. Other recent investors include Blockchain.com, Nima Capital, Coinstar and Hard+Yaka.

Coinme has an ambitious goal of providing mass market access to cryptocurrencies through retailer adoption, for use as a store-of-value and medium-of-exchange around the world. Since launching the first licensed Bitcoin ATM in the U.S. in 2014, Coinme has developed a proprietary API and digital wallet that can ‘crypto-enable’ any existing ATM, kiosk, PoS…

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