When people talk about cryptocurrencies, most will immediately think of e-wallets, exchanges, DeFi, or NFTs. But there is a lesser-known piece quietly contributing to shaping the future of the entire industry: cryptocurrency ATMs.
Leading the way in this field is CoinFlip – a company not well-known in the media, but with over 5,500 crypto ATMs spread across the globe. Now, CoinFlip is preparing to sell itself at a valuation of up to 1 billion USD, revealing the potential value of the 'trump card' that the entire crypto world is starting to pay attention to.
When 'ATMs' Become Strategic Weapons.
Crypto ATMs may seem outdated in a world filled with cold wallets and decentralized exchanges, but that’s exactly why they have an advantage: they reach underserved user groups.
In areas:
• People without bank accounts.
• Slow internet speeds.
• Trust in the financial system is still limited.
Crypto ATMs become the easiest entry point into the world of digital finance. With just a cash note, users can buy Bitcoin without needing an app or complex verification.
CoinFlip recognized this early on. They chose to go against the tide: not focusing on building an exchange, but on creating a network of physical touchpoints with customers.
Global Ambition from a U.S. Startup.
From Chicago, CoinFlip has expanded to Australia, New Zealand, and South Africa – regions with high demand for crypto trading but lacking digital infrastructure.
This strategy helps them not only achieve steady revenue growth but also become a target for major players lacking physical touchpoints with end users.
As the crypto market shifts from 'speculation' to 'pragmatism', models like CoinFlip become extremely attractive.
Sell or Step into the Big Sea?
Although CoinFlip is exploring the possibility of selling itself, nothing is certain to happen. But clearly, their proactive hiring of advisors to assess value and seek strategic partners shows they are carefully considering their next move.
Will CoinFlip 'exit' at an attractive price, or partner with a major player to expand globally even more strongly?
The Crypto Industry is Turning a New Leaf.
The CoinFlip deal – whether it happens or not – sends a clear message: the digital asset industry is maturing. Companies are no longer just focused on 'making apps' and 'pushing tokens', but must build infrastructure, meet real needs, and create long-term value.
And in that new era, these seemingly outdated ATMs have become strategic assets, where users engage with crypto not through screens, but through cash – directly and very practically.