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Ethereum scaling network Polygon close to buying bitcoin kiosk firm Coinme, sources say
Source: CryptoNewsNet Original Title: Ethereum scaling network Polygon close to buying bitcoin kiosk firm Coinme, sources say Original Link: Polygon, an Ethereum Layer-2 blockchain designed to achieve faster transaction speeds and lower fees, is close to acquiring Coinme, one of the first U.S. bitcoin ATM kiosk providers.
Polygon is looking to buy the kiosk provider for $100 million to $125 million. Coinme activated its first licensed bitcoin ATM on May 1, 2014, and went on to operate bitcoin ATMs in around 49 U.S. states. It later added a range of popular crypto tokens to its grocery store kiosks.