ICYMI: Bitcoin Depot set to go public at an $885 million valuation: WSJ
Atlanta-based crypto ATM company Bitcoin Depot has struck a deal with a special acquisition company that should see it go public at an $885 million valuation.
Bitcoin Depot, an Atlanta-based crypto ATM company, is set to go public via a special acquisition vehicle at an $885 million valuation, according to aFounded in 2016, Bitcoin Depot claims to be the largest provider of such ATMs in North America with more than 7,000 kiosks in the region. These ATMs function by connecting with a wallet and, after a verification process, allow the user to insert fiat money to receive BTC, LTC or ETH in their wallets.
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