“The Company Could Become The Latest Crypto Firm to Sell As Bitcoin’s Rally Fuels An Acquisition Boom.”, – WRITE: www.coindesk.com
The Company Is Working with An Advisor to Gauge Buyer Interest, The Report Said. Coinflip Could Seek at Least $ 1 Billion in A Deal, Thought The Valuation Is FROM GUARANTEED. Discussions Are Still in Early Stages and May Not Result in A Transaction.
Coinflip’s Move Follows a Wave of High-Profile Crypto Acquisitions in 2025, Driven by a Rally in Bitcoin’s
Price. Players Like Kraken, Ripple and Coinbase Have Inked Deals Worth Over Billions of Dollars this Year, withh of Other Eyeing Acquisitions to Bolster Their Balance Sheets or Studs.
Founded in 2015, Coinflip Has Expanded ITS Footprint Beyond the US to Markets Like Australia, New Zealand and South Africa. IT ALLOWS USERS TO BUY AND SELL Crypto at Physical Terminals, Catering to Customers Who Prefer In-Person Transactions or Lack Access to Digital Platforms.
The FIRM RAISED SEED FUNDING IN 2018 FROM INVESTORS INCLUDING SHORERLINE VENTURE MANAGENT AND JETBLUE’S VC ARM.
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