CoinFlip, a bitcoin ATM and crypto services company, today announced a new offering with the launch of “Olliv,” a self-custodial crypto platform.
The Olliv platform provides a frictionless way to buy, sell, send, receive and exchange cryptocurrencies securely stored in a self-custodial wallet, removing the insecurity of unknown third-party custodians.
By leveraging CoinFlip’s existing network of crypto ATMs, Olliv will bridge the gap between the company’s physical products and expand its ecosystem
“We are always looking for ways to invest in our clients that contribute to the future of DeFi. We are confident that our self-custody model, a key value of CoinFlip’s business since its inception, will pave the way for a significant and much-needed shift in the industry. We look forward to continued growth and innovation in the coming year as we move one step closer to embracing the next generation of crypto investors.”
– Ben Weiss, CEO and co-founder of CoinFlip
Among its services, Olliv offers an intuitive user interface for secure transactions and state-of-the-art encryption. Olliv also offers 24/7 live customer support and provides educational resources.
Recent developments at CoinFlip have seen the company nearly double its headcount and expand its ATM presence to Puerto Rico, Canada and Australia. The company’s revenue in 2022 surpassed $100 million and its team is expected to grow 23% by the end of 2023.
Olliv is now available in the United States and Puerto Rico, excluding Alaska, Iowa, New York, Oregon, Nevada, Arkansas, Louisiana and Vermont, with plans to expand in compliance with regulations.
Users can download the app from Google Play or the App Store.