Moneygram Invests in Crypto ATM Operator — CEO Bullish on Opportunities Crypto Offers

Moneygram Invests in Crypto ATM Operator — CEO Bullish on Opportunities Crypto Offers


Moneygram has completed an investment in cryptocurrency ATM operator Coinme. “At Moneygram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency,” said the CEO.

Moneygram Invests in Crypto Company Coinme

Moneygram International Inc. (NASDAQ: MGI) announced Wednesday that the company “has completed a strategic minority investment in Coinme, a leading cryptocurrency cash exchange in the U.S.” This venture gives Moneygram an approximate 4% ownership stake in Coinme.

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Alex Holmes, Moneygram chairman and CEO, commented:

At Moneygram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency and our ability to operate as a compliant bridge to connect digital assets to local fiat currency.

The investment by Moneygram will support Coinme’s

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