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Investing.com -- CoinFlip, the global Bitcoin ATM operator, is considering a potential sale, according to Bloomberg, citing sources familiar with the matter. The Chicago-based company, which is still in the early stages of this process, is working with a financial advisor to find a potential buyer.

The company is reportedly considering asking for at least $1 billion in the sale process. However, it remains uncertain whether this valuation can be achieved. The sources, who requested anonymity due to the private nature of the information, emphasized that these discussions are still in the early stages and there is no guarantee they will lead to a completed deal.

This move comes at a time when deal-making activities in the cryptocurrency sector are increasing. However, specific details regarding CoinFlip's potential sale have not yet been disclosed.

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