TechFlow news, June 6 — According to Bloomberg, CoinFlip, a Bitcoin ATM network operator, is exploring the possibility of selling the company and has hired financial advisors to seek potential buyers, with a target valuation of at least $1 billion. The discussions are still in preliminary stages and it's unclear whether a deal will be reached, according to people familiar with the matter. Founded in 2015, CoinFlip currently operates over 5,500 cryptocurrency ATMs across the U.S., Australia, New Zealand, and South Africa.
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