Technology/Services

AATAC Names Bitcoin Depot as Preferred ‘BTM’ Vendor

National trade group is associated with 150,000 U.S. c-stores
Bitcoin Depot
Logo/Bitcoin Depot

The Asian American Trade Associations Council (AATAC), a national trade association of retailers, distributors, vendor suppliers and partners for the convenience store and retail industries, has named Bitcoin ATM operator and fintech company Bitcoin Depot Inc. as a preferred vendor.

“Bitcoin Depot is proud to work with the AATAC as the association’s preferred BTM vendor, which introduces our company to AATAC’s 50,000 associated retailers nationwide,” said Bitcoin Depot CEO Brandon Mintz. “This is another milestone in our mission to bring Bitcoin to the masses.”

Atlanta-based Bitcoin Depot is listed as a preferred “ATM & Credit” vendor on the AATAC website.

“We are thrilled to offer Bitcoin Depot’s services for our members,” said Ivy LaBrie, operations director at AATAC. “Our network of retailers represents an incomparable buying power, and we’re proud to connect them with quality, trusted companies such as Bitcoin Depot that will expand their service offerings.”

Bitcoin Depot Inc. was founded in 2016 to connect customers who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with a means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to Bitcoin at Bitcoin Depot’s kiosks and at thousands of name-brand retail locations through its BDCheckout product, the company said. It has approximately 6,400 kiosk locations as of Sept. 30.

AATAC is a national association comprised of smaller buying groups, regional sub-chapters, independents and other trade organizations under one umbrella that consist of more than 50,000 operators controlling more than 80,000 locations across the United States and Puerto Rico. Currently, there are approximately 150,000 AATAC-associated c-stores in the country, the group said.
 

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