Coin Cloud’s Partnership with Leading Grocery Wholesaler Coincides with Additional Digital Currency Choices to Serve More Consumers Seeking Financial Options
Coin Cloud, the world’s largest and fastest-growing digital currency machine (DCM) operator, announced a new milestone today. The company now has more than 3,500 kiosks across the U.S. and Brazil, with 500 of those machines placed in UNFI customer stores. Further, Coin Cloud machines have the potential to show up in as many as 4,000 UNFI locations.
Coin Cloud DCMs offer customers the ability to instantly buy and sell Bitcoin (BTC) and over 30 other digital currencies with cash. Just last month Coin Cloud added some new digital assets to the mix, including the high-demand Cardano (ADA), Nano (NANO), SushiSwap (SUSHI), Celsius (CEL), and 1inch (1INCH). Now, to go with the UNFI store expansion, they’ve launched an additional selection of popular coins like Algorand (ALGO), Polygon (MATIC), and OMG Network (OMG).
These digital assets have continued to grow in popularity throughout 2021, and Cardano now has the industry’s third-largest market cap behind Bitcoin and Ethereum. In fact, the blockchain platform, launched by Ethereum co-founder Charles Hoskinson, hit a new all-time high of $99.57 billion on September 1. To put that into context, Cardano’s market cap is now higher than the beloved vacation rental service Airbnb, Inc.
The entire digital currency market recently topped $2 trillion, while both Amazon and Walmart started seeking blockchain experts to create new offerings.
Coin Cloud’s expansion of coin offerings and association with UNFI will further the company’s mission of Bringing Digital Currency to All™ by providing convenient access to cryptocurrencies for everyone from beginners to enthusiasts, in all sizes and types of communities. UNFI is always looking for innovative new products and services to offer customers, and Coin Cloud DCMs provide a unique opportunity to do that.
“We really value working with UNFI, because they share our vision of making new products and services available to all,” said Chris McAlary, CEO of Coin Cloud. “Like Coin Cloud, UNFI is an industry leader and pioneer in what they do. We’re honored and excited to have our machines in 500 of their retail and wholesale customer locations, and look forward to expanding our relationship.”
Coin Cloud also offers customers a non-custodial wallet app designed to work seamlessly with Coin Cloud DCMs. This free mobile app enables users to completely control and manage their money, as well as store, buy, sell, send or receive digital currency from anywhere in the world.