RockItCoin Acquires FirstCoin ATM and Phoenix Crypto


RockItCoin a Chicago, Illinois-based Bitcoin ATM company has acquired the FirstCoin ATM and Phoenix Crypto Bitcoin networks.

FirstCoin ATM, a regional Bitcoin ATM operator, has locations primarily in California and Texas, while Phoenix Crypto is expanding its reach across Arizona.

The joining of these entities under the RockItCoin name will expand RockItCoin’s Bitcoin ATM network from 78 ATMs to more than 2,000 locations nationwide and provide former Phoenix Crypto and FirstCoin ATM customers with expanded access to innovative products and solutions from RockItCoin.

The amount of the transactions was not disclosed.

With these acquisitions, RockItCoin will improve accessibility to cryptocurrencies and strengthen its position as a player in the Bitcoin ATM industry.

Founded in 2015 by Michael Dalesandro and also led by Ben Phillips, President, RockItCoin is a crypto blockchain company with a national network of crypto ATMs with over 2,000 locations in 47 states and 16,000 retail deposit points, allowing consumers to buy or sell cryptocurrencies.


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