The news is by your side.
AED
$0.27
0%
AFN
$0.01
-1.38%
ALL
$0.01
-0.49%
AMD
$0.00
-0.37%
ANG
$0.56
-0%
AOA
$0.00
+0.09%
ARS
$0.01
+0.13%
AUD
$0.68
+1.65%
AWG
$0.56
-0%
AZN
$0.59
0%

Moneygram buys 4% stake in crypto ATM operator Coinme By Cointelegraph




Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round.

In a Wednesday announcement, MoneyGram said it had purchased a roughly 4% ownership stake in Coinme — likely more than $764,000, given its valuation of $19.1 million in June — as part of a strategic investment in the crypto company. The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges.