CoinFlip to open office in Tampa

CoinFlip, a cryptocurrency and cryptocurrency ATM provider, has announced it will open an office in Tampa, Florida, its second location in the U.S. The company currently has more than 3,500 ATMs in 49 states, according to a press release.

"This is a huge milestone as we look to not only bridge the gap between the digital economy and financial services, but it also represents a pivotal moment in the type of investment we are making in our CoinFlip family," Ben Weiss, co-founder and CEO of CoinFlip, said in the release. "Choosing Tampa was also methodical as it's quickly becoming a crypto hub for the U.S. and we hope to emulate our tremendous success in Chicago. We're thrilled to partner with Water Street Tampa and Sparkman Wharf, which is already a booming crossroads of commercial and residential real estate — it's a perfect marriage."

In addition to the office, CoinFlip will open a Crypto innovation and experience center to offer community education about cryptocurrency and how to purchase it.