Edmonton-based Bitcoin Well has entered into a joint venture with Memory Express to process bitcoin services and install ATMs..“We are excited to be partnering with Memory Express on their bitcoin e-commerce business,” said Adam O’Brien, Founder and CEO of Bitcoin Well..“This is yet another opportunity for us to put our bitcoin infrastructure to work with an incredible Canadian retailer of nearly three decades..“We are excited to see more businesses understand the benefits of using bitcoin in their business, and we are ready to utilize our existing and scalable systems to continue servicing this massive B2B market.”.Bitcoin Well is an Edmonton-based tech company building and utilizing products that offer access to buy, sell and use bitcoin..The agreement with Memory Express includes installing bitcoin ATMs in Memory Express stores across Canada..“We have expanded the Bitcoin Well bitcoin ATM network by an incredible 475% in the last two years,” said O’Brien..“We will continue to look for opportunities to expand our ATM portfolio with a keen focus on our ATM Partner Program, and building out our Ghostlab software as a service business to provide financial software to a market of more than 35,000 cryptocurrency ATMs that is constantly growing worldwide.”.Recently launched by Memory Expressis an e-commerce storefront, BitcoinMarketplace.com, used for cryptocurrency users, miners and newcomers, providing products users can buy with bitcoin and other altcoins in the future..“We are happy to be working with Bitcoin Well for our payment processing needs. Many of our customers are bitcoin enthusiasts, and have purchased hardware here for their mining rigs,” said Alex Szecsy, Business Development Manager of Memory Express..“As cryptos gained popularity over the years, more and more customers actively lobbied Memory Express to accept bitcoin. We are excited to announce it will be possible very soon with BitcoinMarketplace.com.”.Memory Express has been a retailer in Canada for the last 26 years..DISCLOSURE: Bitcoin Well is an advertiser with the Western Standard.Ewa Sudyk is a junior reporter for the Western Standard.,.esudyk@westernstandardonline.com
