Coin Cloud installs 2,000. digital currency machine as digital money becomes more popular
LAS VEGAS–(BUSINESS WIRE) – Coin Cloud, the largest and fastest growing digital currency machine (DCM) operator in the world, announced today that, following a retail partnership with CAL’s convenience store, United Natural, it is closing its 2,000. Foods, Inc. (UNFI) and the National Alliance of Trade Associations will install kiosks in the US and Brazil.
With the 2,000. Kiosk landing at the HEB grocery chain in San Antonio, the rapid expansion of Coin Cloud customers offers easy and convenient access to more than 30 digital currencies, including popular cryptocurrency options such as Bitcoin, Ethereum, Dogecoin, Litecoin, several US dollar stablecoins and numerous DeFi token.
“We are very excited to reach this point in our business as our growth demonstrates the interest in digital currencies and Coin Cloud’s mission to provide seamless buy and sell options for communities,” said Chris McAlary, Founder and CEO of Münzenwolke. “As we continue to expand, retailers are becoming increasingly aware of the vital role digital currency will play in the future and how Coin Cloud’s widespread adoption of DCMs will help them meet the forward-thinking needs of their buyers, both technologically and financially.”
Coin Cloud is a prime example of the unique solutions that UNFI’s Professional Services teams provide to independent food retail customers to stay current, trending and competitive. For the largest publicly traded wholesaler in the US and Canada, it’s just one example of cost-effective and scalable solutions that help retailers stand out as leaders in the space.
As the only national operator of 100 percent two-way DCMs, Coin Cloud announced its 1,250 in December 2020. Kiosk. Hitting the 2,000 DCM mark in just seven months is a remarkable achievement in an industry that typically processes around 50 machines at a time. Period.
“When Coin Cloud said they would deliver and install over 200 machines in a week, I didn’t believe them,” said Ray Harrison, CMO of CAL’s convenience store. “The speed and ease with which they were able to do the work was impressive. Operationally, it was the fastest and highest quality rollout that we have ever experienced. ”
Coin Cloud’s strategy behind the rapid DCM rollout is to stay one step ahead of the growing popularity of digital currencies, including cryptocurrency, by creating a seamless customer experience that allows users to assign different currencies with cash at any of their DCMs buy and sell and use the free Coin Cloud Mobile Wallet to manage, store, buy or sell from anywhere in the world.
The growth milestone also comes when the Federal Reserve recently announced exploratory efforts to develop its own central bank digital currency, and is a testament to Coin Cloud’s mission to become the leading provider of digital currencies in the world.
“As digital currency continues to grow in popularity in the US, it was important for us to offer our businesses one of the largest and most reliable providers in this space,” said Mike Thompson, CEO of the National Alliance of Trade Associations. “The partnership with NATA gives Coin Cloud access to the same communities in which NATA invests.”
The locations of all 2,000 Coin Cloud DCMs can be found at http://coin.cloud.
The youngest DCM partners include:
- More than 300 UNFI customer locations: UNFI is a deeply integrated grocer with an emphasis on sustainability, fresh food and healthy choices. As consumers become increasingly aware of where their food comes from and how it is grown, Coin Cloud is gaining visibility with some of the most forward-thinking people across the country. UNFI provides an efficient and easily accessible driveway for consumers looking to step into the digital currency ecosystem.
- More than 200 CAL Convenience Store Locations: With over 200 locations opened in a week, Coin Cloud has installed these digital ATMs at an unprecedented rate.
National Alliance of Trade Associations: The National Alliance of Trade Associations (NATA) is the country’s leading independent grocery cooperative. Founded in the mid-1990s, NATA’s 13 partner trade associations support over 6,000 independent convenience store members in 16 states in the southeastern United States.
About Coin Cloud:
Coin Cloud was founded in 2014 in Las Vegas, Nevada and is the world’s leading digital currency machine (DCM) company. With over 2,000 locations nationwide in 47 states and Brazil, Coin Cloud operates the world’s largest and fastest growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. With any Coin Cloud DCM, you can quickly and easily buy and sell over 30 virtual currency options with cash. You can find your nearest Coin Cloud DCM at https://Coin.Cloud.