Moneygram Announces Minority Investment In Coinme, The Largest Licensed Cryptocurrency Cash Exchange In The U.S.
Jan 05, 2022•over 3 years ago
Description
MoneyGram International, Inc. (NASDAQ: MGI) today announced that the Company has completed a strategic minority investment in Coinme, a leading cryptocurrency cash exchange in the U.S. This venture, which gives the Company an approximate 4% ownership stake in Coinme, closes out Coinme's Series A financing round and provides MoneyGram with a direct ownership position in one of the first and fastest growing cryptocurrency companies in the world.