NCR Corporation plans to purchase Bitcoin ATM company LibertyX
LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs. Enterprise technology provider NCR Corporation has announced an agreement to buy LibertyX, the company that launched one of the first retail Bitcoin ATMs.In a Monday announcement, NCR said it expected to purchase LibertyX later this year depending on regulatory licensing consents and approvals. The firm said it planned to offer LibertyX’s capabilities as part of its solutions for banks, retailers and restaurants, implying NCR clients could see crypto withdrawals, purchasing, and payment features after the....
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The Boston company that launched the first United States bitcoin ATM, LibertyX (formerly Liberty Teller), has announced its national expansion plan. The new plan will span the nation, including 33 states at over 2,500 locations. LibertyX will allow customers to locally purchase bitcoin quickly, safely, and conveniently. Customers will, effective immediately, be able to purchase bitcoin using cash. For new customers, a LibertyX Bitcoin Pin is purchased from the cashier. When the pin is redeemed online, bitcoin is immediately sent to the address you provide. This transaction is instant,....
NCR Corp., a global leader in ATM software applications, has announced that it is acquiring Libertyx, the crypto company that claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.” NCR Acquires Libertyx NCR Corp. (NYSE: NCR), a leading enterprise technology provider, announced Monday “a definitive agreement to acquire Libertyx, a leading cryptocurrency software provider.” Libertyx claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.” Its software runs on ATMs, kiosks, and....
U.S. financial services firm NCR Corporation has announced an agreement to acquire LibertyX, a Bitcoin ATM operator launched in 2014.
LibertyX has raised more than $400,000 in funding from early-stage VC firm Project 11 as part of a seed round and its first public fundraising. Previously operating under the name Liberty Teller, LibertyX formally rebranded this December. The name change coincided with a shift in the company's services, from operating a small fleet of bitcoin ATMs in the greater Boston area to adding an in-person bitcoin buying network supported by 2,500 US merchants. Co-founder Chris Yim explained that the capital will be used to grow the LibertyX team, which today consists of just three employees, while....
Liberty Teller, the bitcoin ATM operator that manages machines in high-profile locations near US universities like Harvard and MIT, has officially rebranded as LibertyX, expanding its network with 2,500 new bitcoin buying locations in 33 US states. The announcement marks a dramatic expansion for the Boston-based company, which has partnered with transaction processing specialist Qpay to launch cash-for-bitcoin buying services at mobile phone and convenience stores around the country. LibertyX manages four ATM machines, but sees this new partnership as a way to expand and innovate its....