On September 13, Ripple announced that its Xpring branch that focuses on supporting promising technical startups had invested in the CoinMe chain of crypto ATMs.
All-in-all, the startup raked in around $1,5 mln in the A-1 round of funding.
Ripple supports a leading global crypto ATM chain
CoinMe became one of the first crypto ATM chains in the US, back in 2014. As reported by Ripple’s Xpring in its Medium blog, they chose CoinMe since it coincides with their mission to spread the adoption of crypto and get coins to solve actual everyday issues.
We are thrilled to announce our that @Ripple's #Xpring and the newly established #Blockchain Finance Fund have made investments as part of our recently opened A-1 funding round.— Coinme (@CoinmeATM) September 13, 2019
Full Release: https://t.co/yjNH4JiQpR pic.twitter.com/qCkrgICUjg
CoinMe is the first crypto ATM industry startup that Xpring has invested in. The Xpring’s team writes:
We’re excited to partner with Coinme. They have the right team, technology, and thoughtful approach as a licensed and regulated entity to be a pillar for mainstream cryptocurrency adoption.
Will CoinMe add XRP to its ATMs?
Once the word was spread, XRP holders started posting comments, asking whether CoinMe now plans to add XRP to its crypto dispensing kiosks.
Do you plan on offering XRP on all your vending machines?— L_L XRP (@GOTXRP) September 13, 2019
Some directly asked, when this is going to happen, clearly believing that the opposite answer is out of the question here.
Ripple expands its influence and gets world-wide TV coverage
As reported by U.Today earlier, recently Ripple has struck two major partnerships – with the SBI financial giant in Japan (with actual XRP usage) and the leading Pakistani bank Faysal.
Also, just the other day, an interview with the Ripple CEO Brad Garlinghouse took place on CNN, where Garlinghouse addressed the major issues of Ripple’s rollout and FUD around it. The interview caused a lot of discussion in the community.