{"id":1928905,"date":"2023-01-24T10:00:00","date_gmt":"2023-01-24T15:00:00","guid":{"rendered":"https:\/\/platoaistream.com\/plato-data\/worlds-largest-bitcoin-atm-software-platform-acquired-by-bitstop-founders\/"},"modified":"2023-01-24T10:00:00","modified_gmt":"2023-01-24T15:00:00","slug":"worlds-largest-bitcoin-atm-software-platform-acquired-by-bitstop-founders","status":"publish","type":"station","link":"https:\/\/platoaistream.com\/plato-data\/worlds-largest-bitcoin-atm-software-platform-acquired-by-bitstop-founders\/","title":{"rendered":"World\u2019s Largest Bitcoin ATM Software Platform Acquired By Bitstop Founders"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/platoaistream.com\/wp-content\/uploads\/2023\/01\/worlds-largest-bitcoin-atm-software-platform-acquired-by-bitstop-founders.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>Genesis Coin Inc., the first and largest bitcoin ATM software platform in the world, announced that they have been acquired by Bitstop Founders Andrew Barnard and Doug Carrillo. <\/p>\n<p>According to the press release sent to Bitcoin Magazine, Genesis Coin\u2019s technology powers over 35% of all bitcoin ATM transactions around the world. Barnard and Carrillo built one of the first and largest private label bitcoin ATM platforms through Bitstop. Based in Miami, FL, Bitstop has over 2,500 bitcoin ATMs worldwide. <\/p>\n<aside class=\"m-in-content-ad-row l-inline mm-in-content-ad-row--in-content not-size-b not-size-c not-size-d\" data-ad-group=\"in_content-0\"><\/aside>\n<p>\u201cAs part of the acquisition, Andrew Barnard will become Chief Executive Officer and Doug Carrillo will become Chief Strategy Officer and both will join the Board of Directors of Genesis Coin,\u201d the release states. \u201cEvan Rose, Genesis Coin\u2019s founder, will stay on as a technical advisor and remain a member of the company\u2019s Board of Directors. The Genesis Coin headquarters will move to Miami, Florida.\u201d <\/p>\n<p>Together, Genesis Coin and Bitstop represent more than 75 operators with more than 12,000 bitcoin ATMs across the United States and internationally, facilitating annual sales volume in the billions of dollars.<\/p>\n<aside class=\"m-in-content-ad-row l-inline mm-in-content-ad-row--in-content not-size-b not-size-c not-size-d\" data-ad-group=\"in_content-1\"><\/aside>\n<p>In regards to their decision to acquire Genesis Coin, Barnard said \u201cGenesis Coin gave birth to the Bitcoin ATM industry \u2026 It\u2019s the first and largest Bitcoin ATM software platform in the world. Evan built a platform trusted by some of the largest bitcoin ATM operators in our industry, both domestically and internationally, including the Chivo network in partnership with the Government of El Salvador.\u201d<\/p>\n<p>\u201cThis transaction represents the coming together of the two leading software platforms in the industry and creates value for both companies\u2019 stakeholders,\u201d Rose stated. \u201cIt combines the best product, engineering, and leadership teams in the space. I\u2019m thrilled to work alongside them and look forward to introducing very exciting new products and services we have planned for this year.\u201d<\/p>\n<aside class=\"m-in-content-ad-row l-inline mm-in-content-ad-row--in-content not-size-a not-size-b not-size-c\" data-ad-group=\"in_content-0\"><\/aside>\n<aside class=\"m-in-content-ad-row l-inline mm-in-content-ad-row--in-content not-size-a not-size-b not-size-d\" data-ad-group=\"in_content-0\"><\/aside>\n<aside class=\"m-in-content-ad-row l-inline mm-in-content-ad-row--in-content not-size-a not-size-c not-size-d\" data-ad-group=\"in_content-0\"><\/aside>\n<p>According to the release, for now, both the Genesis Coin and Bitstop platforms will continue to run independently while teams explore technical synergies.<\/p>\n<ul class=\"plato-post-bottom-links\">\n<li class=\"plato-post-bottom-link-amplifi\">SEO Powered Content &amp; PR Distribution. <a href=\"https:\/\/www.amplifipr.com\" target=\"_blank\" rel=\"noopener\">Get Amplified Today.<\/a><\/li>\n<li class=\"plato-post-bottom-link-platoblockchain\">Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. <a href=\"https:\/\/platoblockchain.com\" target=\"_blank\" rel=\"noopener\">Access Here.<\/a><\/li>\n<li class=\"plato-post-bottom-link-source\"><span>Source:<\/span> <a href=\"https:\/\/bitcoinmagazine.com\/business\/bitcoin-atm-genesis-coin-acquired\" target=\"_blank\" rel=\"noopener\">https:\/\/bitcoinmagazine.com\/business\/bitcoin-atm-genesis-coin-acquired<\/a><\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":1928906,"template":"Default","meta":{"_eb_attr":"","type":"","auto_type":false,"post":"","stream":"","stream_url":"","waveform_data":[],"duration":0,"start":0,"end":0,"bpm":0,"downloadable":false,"download_url":"","purchase_title":"","purchase_url":"","post-count-all":0,"like_count":0,"download_count":0,"editor_note":"","copyright":"","captions":[],"sources":[]},"genre":[41],"station_tag":[3758,30917,13775,9993,10624,5590,9087,3988,3761,12624,18340,4722,9715,3718,4048,17569,30993,10620,4139,9722,3634,5039,23718,14563,38347,3997,5476,40004,3688,4607,3638,40410,4375,10528,4000,10736,14052,11182,3770,13918,12777,4445,13143,4171,39930,11100,40527,3772,7475,4614,4534,4447,5447,38348,4182,12014,3650,19265,4980,3953,12191,4009,9499,10948,4866,13832,11367,5262,3735,13214,14106,11292,18534,10997,3706,3742,20482,4576,3707,17454,11606,12344,4455,12625,3861,3862,7457,8453,9642,40534,3664,4826,4212,3939,4259,43211,40584,10515,12460,11937,9612,25418,3921,9421,4788,29690,12249,3975,4282,44112,11458,3977,39943,10946,3978,3780,3928,14103,4126,4127,13215,8266,39845,23406,10144,9055,19267,9084,3752,3753,14096,3982,3983,3782,3756,11454,27168,3935,3878,8996,4369,3717,14555],"artist":[8460],"mood":[],"activity":[],"_links":{"self":[{"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/station\/1928905"}],"collection":[{"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/station"}],"about":[{"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/types\/station"}],"author":[{"embeddable":true,"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/media\/1928906"}],"wp:attachment":[{"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/media?parent=1928905"}],"wp:term":[{"taxonomy":"genre","embeddable":true,"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/genre?post=1928905"},{"taxonomy":"station_tag","embeddable":true,"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/station_tag?post=1928905"},{"taxonomy":"artist","embeddable":true,"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/artist?post=1928905"},{"taxonomy":"mood","embeddable":true,"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/mood?post=1928905"},{"taxonomy":"activity","embeddable":true,"href":"https:\/\/platoaistream.com\/wp-json\/wp\/v2\/activity?post=1928905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}