Latest news with #NeilBergquist
Yahoo
26-06-2025
- Business
- Yahoo
XRP and SOL go mainstream with cash access at 28,000+ U.S. retail locations
XRP and SOL go mainstream with cash access at 28,000+ U.S. retail locations originally appeared on TheStreet. Coinme, the Seattle-based cryptocurrency cash exchange, announced on June 25 that it has added XRP and Solana to the list of cryptocurrencies that users can buy and sell with cash at more than 28,000 Coinme-powered retail locations in the U.S. The platform is one of the few regulated cash-based on-ramps to XRP and SOL in the U.S. 'XRP and Solana are essential networks in the crypto economy,' said Coinme co-founder and CEO Neil Bergquist. He added: 'We're making them available in a way that's accessible to everyone, whether purchasing $20 in cash at a local store or buying crypto through our mobile app.' The addition of XRP and SOL to the company's cash-enabled network marks a step forward in its mission to democratize crypto access across the U.S. so that users can opt for a simple solution instead of traditional banking institutions or technically advanced exchanges, the statement chief operating officer, Sung Choi, said, "We are activating 28,000 Coinme-enabled retail locations nationwide to provide ubiquitous access to XRP and Solana, combining digital innovation with the trusted in-person experience consumers expect. We are eliminating barriers and empowering widespread participation in the future of finance." With a market cap of $128.9 billion, XRP is the fourth-largest cryptocurrency. As per Kraken's price feed, it was trading at $2.18 at press time, down 0.13% a day. SOL, with a market cap of $76.6 billion, is the sixth-largest cryptocurrency. It was trading at $143.34, down 0.02% a day. XRP and SOL go mainstream with cash access at 28,000+ U.S. retail locations first appeared on TheStreet on Jun 25, 2025 This story was originally reported by TheStreet on Jun 25, 2025, where it first appeared.


Business Mayor
27-05-2025
- Business
- Business Mayor
Exodus Launches XO Pay, An In-App Bitcoin And Crypto Purchase Solution
Exodus has officially launched XO Pay, a new crypto purchasing feature that allows users to buy and sell digital assets directly within the Exodus mobile wallet, and is now live across the United States. XO Pay aims to simplify the process for its users to easily purchase cryptocurrencies such as Bitcoin. XO Pay is powered by Coinme's Crypto-as-a-Service (CaaS) API platform and is a self custody Bitcoin wallet. This means customers can now purchase BTC within the wallet without going through third-party exchanges while keeping full control of their assets. 'XO Pay represents our commitment to making cryptocurrency more accessible to everyday customers,' said JP Richardson, Co-Founder and CEO of Exodus, in a recent press release sent to Bitcoin Magazine. 'By integrating the purchasing process directly into our mobile wallet, we're removing barriers and simplifying the journey from fiat to crypto, and back.' With XO Pay, Exodus offers a self custodial way to complete Bitcoin transactions. This rollout is part of Exodus' broader mission to make digital assets more secure, as the demand for Bitcoin is increasing. 'By creating a Web2 checkout experience into a Web3 self-custody wallet, Exodus has set a new bar for crypto user experience,' said Neil Bergquist, CEO and co-founder of Coinme. 'Exodus' innovative integration of Coinme's APIs delivers the seamless in-app purchase flow users expect while keeping them in full control of their assets.' READ SOURCE