Bitcoin ATM operator LibertyX is getting acquired by Fortune 500 firm NCR Corporation. NCR has nearly 1 million ATMs around the globe.
For clarity, The LibertyX digital currency solution runs on ATMs, kiosks, and point-of-sale (POS) systems today. LibertyX partners with independent ATM operators, like Cardtronics, who own and manage ATMs in the U.S. at locations like convenience stores, pharmacies, and supermarkets.
LibertyX was known to have made it easy to buy Bitcoin at the nearest trusted sources. LibertyX is America’s first and most extensive network of Bitcoin ATMs, cashiers, and kiosks. Bitcoin On Every Block™: 20,000 retail stores and 9,500 ATMs.
NCR Corporation, previously known as National Cash Register, is an American software, managed, and professional services, consulting, and Technology Company. It manufactures self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
From small cafes to the most sophisticated banks and retailers on the planet, NCR powers the technology that integrates everything—and runs your entire operation.
NCR is well aware of how to provide hardware and software services required to deliver experiences that will delight your customers.
They have been in line with providing services aligned with changing customer preferences in different sectors like banking, restaurant, department and specialty retail, grocery and supermarket, convenience and fuel retail, telecom and technology, and more.
NCR.Com published: “ATLANTA – Aug. 2, 2021 – NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today announced a definitive agreement to acquire LibertyX, a leading cryptocurrency software provider.”
Tim Vanderham, Chief Technology Officer, NCR Corporation, expressed: “Due to growing consumer demand, our customers require a completely digital currency solution, including the ability to buy and sell cryptocurrency, conduct cross-border remittance and accept digital currency payments across digital and physical channels. The LibertyX solution will accelerate our ability to deliver these capabilities to the market rapidly.”
It looks like NCR Signs Definitive Agreement to Acquire Cryptocurrency Leader LibertyX. They are all set to provide complete digital currency solutions for banks, retailers, and restaurants. The financial terms of the transaction are not yet clear.
It just looks like “The major banks and its corporations are buying up the BTC, DeFi, NFT infrastructure including on-ramp and off-ramp of Fiat.”
Meanwhile, the U.S. Senate is pushing ahead with $1 Trillion Bipartisan infrastructure bill. The good news is that the cryptocurrency industry won last-minute concessions in the infrastructure bill.
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