Coinflip, an operator based in Chicago of more than 5,500 automatic cryptocurrency ticket office in the world, explores a potential sale while the merger and the acquisition activity warm up in the digital asset sector, according to Bloomberg.
The company works with an advisor to assess the interest of buyers, according to the report. Coinflip could request at least $ 1 billion in an agreement, although the evaluation is far from guaranteed. Discussions are still at the start of the stages and may not lead to a transaction.
Coinflip’s move follows a wave of high -level crypto acquisitions in 2025, motivated by a Bitcoin’s rally
price. Players like Kraken, Ripple and Coinbase have signed offers of more than billions of dollars this year, with other acquisitions looking at to strengthen their balance sheets or prepare for public lists.
Founded in 2015, Coinflip has expanded its imprint beyond the United States to markets such as Australia, New Zealand and South Africa. It allows users to buy and sell crypto in physical terminals, respond to customers who prefer transactions in person or do not have access to digital platforms.
The company collected seed financing in 2018 with investors, including Shoreline Venture Management and JetBlue, LE BRAD VC.
