$BULT Bullet Blockchain Announces Partnership and
Post# of 1138
(Total Views: 48)
Posted On: 07/16/2025 8:51:59 AM
$BULT Bullet Blockchain Announces Partnership and Licensing Agreement
https://www.globenewswire.com/news-release/20...ement.html
LAS VEGAS, July 16, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (OTC: BULT) (“Bullet Blockchain” or the “Company”), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced a strategic partnership and licensing agreement with Innovative Payment Solutions, Inc. (OTCQB: IPSI), a company focused on delivering cutting-edge digital payment solutions that meet the needs of underserved communities and crypto-based industries specializing on real-time merchant payment processing technologies.
Under the terms of the agreement, IPSI will receive licensed access to BULT’s IP Portfolio across North America. IPSI will pay a royalty fee to BULT’s subsidiary First Bitcoin Capital, LLC, for each Bitcoin ATM transaction through BULT’s network. “The partnership with IPSI marks a critical step towards licensing and securing the continent’s rapidly expanding cryptocurrency payment and Bitcoin ATM ecosystem,” said Simon Rubin, CEO of Bullet Blockchain.
Expanding Access Through Licensed Partnerships
As part of its ongoing licensing initiative, Bullet Blockchain is pursuing strategic agreements with Bitcoin ATM owner-operators to avoid litigation and support the growth of a regulated Bitcoin ATM infrastructure. Bullet Blockchain is also working to develop the first global Bitcoin ATM network and consortium, which will link together operators to deliver more efficient and accessible services for end users.
Enhancing Security and Consumer Protection
As the adoption of cryptocurrencies continues to surge, so do the concerns that surround consumer safety. Unlicensed Bitcoin ATMs have emerged as potential hazards, leaving users vulnerable to illicit activities, fraudulent transactions, and other financial risks. Understanding the paramount importance of consumer protection, Bullet Blockchain and IPSI have proactively taken this step to safeguard the interests of cryptocurrency enthusiasts and payment ecosystems. This new agreement between Bullet Blockchain and IPSI underscores a joint commitment to consumer safety and industry regulation by offering fully licensed access to critical Bitcoin ATM technologies.
Bullet Blockchain’s Intellectual Property
As previously announced, Bullet Blockchain acquired First Bitcoin Capital LLC, gaining ownership of an intellectual property portfolio that includes two Bitcoin ATM patents. By virtue of its subsidiary, First Bitcoin Capital LLC, Bullet Blockchain holds the exclusive rights to U.S. Patent Nos. US9135787B1 (“Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same”) and US10332205B1 (“Bitcoin kiosk/ATM device and system and method of using the same”). These patents remain critical technologies for the operation and security of Bitcoin ATMs and their networks.
Bullet Blockchain continues to advance its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue-sharing opportunities centered around its intellectual property.
https://www.globenewswire.com/news-release/20...ement.html
LAS VEGAS, July 16, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (OTC: BULT) (“Bullet Blockchain” or the “Company”), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced a strategic partnership and licensing agreement with Innovative Payment Solutions, Inc. (OTCQB: IPSI), a company focused on delivering cutting-edge digital payment solutions that meet the needs of underserved communities and crypto-based industries specializing on real-time merchant payment processing technologies.
Under the terms of the agreement, IPSI will receive licensed access to BULT’s IP Portfolio across North America. IPSI will pay a royalty fee to BULT’s subsidiary First Bitcoin Capital, LLC, for each Bitcoin ATM transaction through BULT’s network. “The partnership with IPSI marks a critical step towards licensing and securing the continent’s rapidly expanding cryptocurrency payment and Bitcoin ATM ecosystem,” said Simon Rubin, CEO of Bullet Blockchain.
Expanding Access Through Licensed Partnerships
As part of its ongoing licensing initiative, Bullet Blockchain is pursuing strategic agreements with Bitcoin ATM owner-operators to avoid litigation and support the growth of a regulated Bitcoin ATM infrastructure. Bullet Blockchain is also working to develop the first global Bitcoin ATM network and consortium, which will link together operators to deliver more efficient and accessible services for end users.
Enhancing Security and Consumer Protection
As the adoption of cryptocurrencies continues to surge, so do the concerns that surround consumer safety. Unlicensed Bitcoin ATMs have emerged as potential hazards, leaving users vulnerable to illicit activities, fraudulent transactions, and other financial risks. Understanding the paramount importance of consumer protection, Bullet Blockchain and IPSI have proactively taken this step to safeguard the interests of cryptocurrency enthusiasts and payment ecosystems. This new agreement between Bullet Blockchain and IPSI underscores a joint commitment to consumer safety and industry regulation by offering fully licensed access to critical Bitcoin ATM technologies.
Bullet Blockchain’s Intellectual Property
As previously announced, Bullet Blockchain acquired First Bitcoin Capital LLC, gaining ownership of an intellectual property portfolio that includes two Bitcoin ATM patents. By virtue of its subsidiary, First Bitcoin Capital LLC, Bullet Blockchain holds the exclusive rights to U.S. Patent Nos. US9135787B1 (“Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same”) and US10332205B1 (“Bitcoin kiosk/ATM device and system and method of using the same”). These patents remain critical technologies for the operation and security of Bitcoin ATMs and their networks.
Bullet Blockchain continues to advance its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue-sharing opportunities centered around its intellectual property.
(0)
(0)