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Bullet Blockchain and Tangem Partner to Expand Crypto Access and Security
GlobeNewswire News Roomยท 2025-08-11 13:02
Core Viewpoint - Bullet Blockchain, Inc. has announced a partnership with Tangem to enhance cryptocurrency trading and security for users, marking a significant advancement in digital asset accessibility [1][11]. Company Overview - Bullet Blockchain is the only U.S. company holding foundational patents for Bitcoin ATMs and is one of three publicly traded Bitcoin ATM network owner/operators [1][6]. - The company has a growing network of over 200 Bitcoin ATMs, enabling users to buy and sell cryptocurrencies using cash, debit, or credit cards [7][8]. - Bullet Blockchain acquired First Bitcoin Capital LLC, gaining ownership of additional Bitcoin ATM patents, further solidifying its position in the market [7]. Tangem's Product Offering - Tangem specializes in secure hardware wallets that utilize NFC technology, allowing users to manage over 16,000 cryptocurrencies securely [2][3]. - The wallets are designed with a tamper-proof chip and a seedless wallet design, enhancing user experience and security [3]. - Tangem has also entered the billion-dollar wearables market with the Tangem Ring, a blockchain smart ring for secure transactions [4]. Partnership Details - The partnership allows Bullet Blockchain to distribute Tangem Cards, providing customers access to a wide range of cryptocurrencies and decentralized applications with enhanced security [5]. - This collaboration combines Bullet Blockchain's patented ATM technology with Tangem's secure wallets, positioning both companies at the forefront of the cryptocurrency landscape [11]. Market Context - The announcement comes as Bitcoin prices reach new all-time highs, driven by institutional adoption and mainstream acceptance, with over 500 million cryptocurrency users globally [9][10]. - The partnership aligns with the growing trend of cryptocurrency adoption among businesses and consumers [11]. Operational Enhancements - Bullet Blockchain is integrating Silo Technologies' supply chain management solutions to improve operational efficiency, providing real-time visibility and control over inventory and transactions [12].