In the press
PUBLISH, Lincrux ink deal with Intellogate to expand crypto-ATM network to Asia
28 Feb. 2022
PUBLISH, as joint investors with Lincrux, is pleased to announce that it has signed a memorandum of cooperation with Intellogate to expand its existing network of crypto-ATMs and payment terminals across the Asia region.
With offices in Estonia and Ukraine and an operating history of over 10 years, Intellogate operates tens of thousands of cash deposit machines, payment terminals, information terminals, and vending kiosks across 25 countries, many of which are located in Europe.
Under the agreement, Intellogate will grant PUBLISH, which recently acquired a stake in kiosk solutions company Lincrux, the right to manufacture and distribute Intellogate’s crypto-ATMs and payment terminals in Asia.
Commenting on the partnership, PUBLISH CEO Sonny Kwon said he expects the partnership to “connect PUBLISHiD users and NEWS coin holders with the real world economy.”
PUBLISHiD is a blockchain-based self-sovereign identity solution allowing users to sign in to third-party apps and websites and earn token rewards.
“We look forward to expanding our services to the Asia market,” said Intellogate CEO Frank Mueller. "The partnership will give us the opportunity to improve our value chain and increase profitability.”
“As a kiosk solutions company with operations in Korea, Singapore, Japan, and the Philippines, we’re excited about working with Intellogate to bring their solutions to the Asia market.”