Share this article
Bitcoin ATM Maker Robocoin Hints at Software Shift
Robocoin CEO Jordan Kelley has addressed rumors about the company's future, suggesting the company may be shifting away from hardware.
By Pete Rizzo
Updated Sep 11, 2021, 11:29 a.m. Published Jan 30, 2015, 10:35 p.m.
Make us preferred on Google
Robocoin CEO Jordan Kelley has addressed rumors the company may be pivoting, suggesting it may soon expand the means by which its allows consumers to buy and sell bitcoin.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The rumors, which first surfaced on 29th January, implied the company would be moving away from its bitcoin ATM hardware due to the technical difficulties managing its network, and that Robocoin's future was perhaps in jeopardy due to these issues.
Speaking to CoinDesk, Kelley didn’t deny the rumors so much as seek to rephrase the question, suggesting that Robocoin has always been broadly focused on helping consumers acquire bitcoin.
Kelley said:
“Our core business has been bringing bitcoin to the world. That means that we allow customers to easily buy and sell bitcoin via ATMs and kiosks. Our business hasn’t changed, it isn’t changing.”
Rather than framing the company as failing, Kelley suggested the company is on the verge of upcoming announcements, stating also his belief that it has largely addressed many of the problems its operators previously reported.
What was perhaps most notable about the conversation was his choice of words, referring to ATM operators as owners of “Robocoin-enabled devices” and emphasizing the strength of the company’s software solutions.
When asked if this meant Kelley would be shifting the company strategy toward selling software solutions to more traditional ATM manufacturers, here again Kelley answered cryptically, promising more details at a later date.
“I’m not saying the word just yet, but you might be on to something,” he said.
Kelly suggested more announcements will be forthcoming in Q1 of 2015.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Silver nears $1 billion in volume on Hyperliquid as bitcoin remains frozen: Asia Morning Briefing
Silver perps have more volume on Hyperliquid than SOL or XRP.
What to know:
- Silver futures on the Hyperliquid crypto derivatives exchange have surged to become one of its most active markets, ranking just behind bitcoin and ether in trading volume.
- The SILVER-USDC contract’s high volume, sizable open interest and slightly negative funding suggest traders are using crypto infrastructure for volatility and hedging in macro commodities rather than for directional crypto bets.
- Bitcoin is holding near $88,000 in a "defensive equilibrium" with cooling ETF inflows, uneven derivatives positioning and rising demand for downside protection, while ether lags and capital rotates toward hard assets like gold and silver.
Top Stories
