Self-Service

RockItCoin acquires FirstCoin ATM, Phoenix Crypto

Photo: Adobe Stock

October 20, 2023

RockItCoin, a bitcoin ATM provider, has acquired FirstCoin ATM and Phoenix Crypto, adding 78 ATMs to its network of more than 2,000 locations in the U.S., according to a press release.

"We believe in the power of collaboration and are dedicated to working with those who share our passion for pushing the boundaries of what's possible in the crypto world. This opportunity opens the door for more people to gain access to cryptocurrency and lead to wider adoption," Ben Phillips, president of RockItCoin, said in the release.

This comes on the heels of RockItCoin's acquisition of XBTeller. In addition to ATMs, RockItCoin has a mobile app, an OTC trading desk and a retail deposit service.