MoneyGram International, Inc. (NASDAQ:MGI) revealed that it has bought a 4% stake in Coinme, a cryptocurrency cash exchange currently operating in 48 U.S. states. The companies were in partnership since May 2021 to build a crypto-to-cash model, which could allow people to buy crypto with cash or withdraw their holdings in cash. Notably, they have some more initiatives in the pipeline that are likely to continue to increase the value of the partnership.
https://www.tipranks.com/news/moneygram-buys-minority-stake-in-coinme?utm_source=advfn.com&utm_medium=referral
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