ChainBytes
ChainBytes is a US veteran-owned Bitcoin ATM infrastructure provider that sells Universal ATM and Model V hardware, GenMega Software, and operator-facing compliance and fleet management tools to Bitcoin ATM operators across the United States.
- Company typePrivate
- Founded2016
- HeadquartersAllentown, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What ChainBytes does
ChainBytes is a US-based, veteran-owned Bitcoin ATM infrastructure provider that designs, manufactures, and supports hardware and software for operators running cash-to-crypto machines. Its product portfolio includes the Universal ATM flagship floor-standing kiosk (starting at $6,700), the compact Model V countertop unit (starting at $4,999), and GenMega Software, a software-only add-on that brings ChainBytes dashboard, compliance, and remote management functionality to operators already owning compatible GenMega hardware. All products share a cloud-based fleet management dashboard that handles transaction monitoring, cash and inventory visibility, fee/spread configuration, compliance exports, and integrations such as third-party wallet forensics and exchange liquidity.
The company monetizes through one-time hardware sales plus a 1% software transaction fee on volume processed, with optional recurring revenue from a Compliance Package delivered through partner BTM Compliance (FinCEN MSB registration, written KYC/AML programs, state licensing guidance). A separate Blockchain Development Services line provides custom work in smart contracts, DeFi, NFTs, wallet and exchange development. Distribution is direct and sales-led: a content-marketing funnel (blog, webinars, ROI calculator, FAQ, product comparisons) qualifies operator buyers, who then move into consultative quote, phone, and email engagement. Self-reported scale is 500+ operators, 2,000+ machines deployed across 48 states, and 99.9% uptime, served by a remote-first team of 1-10 employees. Eric Grill serves as CEO.
ChainBytes firmographics
Firmographics- Name
- ChainBytes
- Legal name
- ChainBytes
- Website
- https://chainbytes.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ChainBytes is a US veteran-owned Bitcoin ATM infrastructure provider that sells Universal ATM and Model V hardware, GenMega Software, and operator-facing compliance and fleet management tools to Bitcoin ATM operators across the United States.
- Ownership category
- akta.pro rank
ChainBytes industry classification
Industry- Product category
- Bitcoin ATM Hardware
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)
- akta.pro secondary industries
- Crypto Payment Gateways & Checkout APIs (FSADAIAA), Payment Orchestration, Routing & Smart Transaction Management (Crypto) (FSADAIAJ)
Keywords
Where ChainBytes is headquartered
LocationHeadquarters
- HQ city
- Allentown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ChainBytes business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Hardware Sales: One-time sale of Bitcoin ATM machines (Universal ATM at $6,700, Model V at $4,999) and GenMega software licenses for existing hardware. Revenue recognized at point of sale with volume discounts for multi-unit orders.
- Transaction Fee (1%): ChainBytes charges a small percentage (1%) of transaction volume processed through their software platform. No subscription fees or hidden charges. This is a usage-based revenue stream tied directly to operator transaction activity.
- Compliance Package (Optional): Optional paid service through partner BTM Compliance including written KYC/AML programs, FinCEN registration assistance, compliance training, compliance officer support, and state licensing guidance. 50% discount for operators ordering 5+ machines.
- Blockchain Development Services: Custom blockchain development services beyond Bitcoin ATMs including smart contracts (Ethereum, Solana), DeFi solutions, NFT platforms, wallet integration, exchange development, and blockchain consulting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Universal ATM - Full-size flagship Bitcoin ATM |
| One time/ perpetual license | Pay-as-you-go | Model V - Compact countertop Bitcoin ATM |
| Other | Multi-year contract | GenMega Software - Software for existing GenMega hardware |
| Transaction based/ take rate | Pay-as-you-go | 1% Transaction Fee |
| Other | Annual | Optional Compliance Package |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
ChainBytes product offering
Product offeringCore offering
ChainBytes sells Bitcoin ATM hardware (Universal ATM and Model V kiosks) bundled with its proprietary software platform for fleet management, KYC/AML compliance, and automated buy-back. The company also offers a compliance package through partner BTM Compliance, custom blockchain development services, and used Bitcoin ATM sourcing for operators.
Product overview
ChainBytes offers a three-product Bitcoin ATM portfolio: the Universal ATM (flagship floor-standing kiosk at $6,700 with 19" touchscreen and top-mounted ad display), the Model V (compact countertop unit at $4,999 with 15.6" display), and GenMega Software (a software-only add-on for operators who already own GenMega hardware). All three products run on a unified cloud fleet management dashboard that provides real-time transaction monitoring, fee/spread controls, auto-payment scheduling, exchange integration for liquidity management, and built-in KYC/AML compliance tools including configurable ID verification thresholds, transaction monitoring, and wallet forensics. An optional Compliance Package through partner BTM Compliance provides written KYC/AML programs, FinCEN MSB registration assistance, and ongoing compliance officer support. A secondary-market used/refurbished hardware sourcing service is also offered. Blockchain Development Services (smart contracts, DeFi, NFT platforms, wallet integration, exchange development) are available as a separate service line. The company is veteran-owned and operates exclusively in the United States.
Differentiator
Problem solved
Functional benefit
Products and services
- ChainBytes Universal ATM
Companies that use ChainBytes
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
ChainBytes technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability1 record
Feature5 records
ChainBytes partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BTM CompliancecoreBTM Compliance provides comprehensive compliance support services to ChainBytes operators through an optional Compliance Package. Services include written KYC/AML programs, FinCEN MSB registration assistance, compliance officer designation, employee training materials, and state licensing guidance. ChainBytes offers 50% volume discount on compliance packages for operators ordering 5+ machines.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
ChainBytes competitors and assessment
Company assessmentDirect peers
- Bitcoin Depot: One of the largest Bitcoin ATM operators and infrastructure providers in the US, with thousands of machines across the country. Directly comparable as a BTM hardware/software/compliance stack provider serving operator and consumer markets.
- CoinFlip: Major US Bitcoin ATM operator with proprietary hardware, software, and compliance tooling serving retail cash-to-crypto customers. Comparable in product scope (BTM hardware + software + compliance) and operator model, though at much larger scale.
- General Bytes: Global Bitcoin ATM manufacturer and software platform provider selling to operators worldwide. Directly comparable as a BTM hardware vendor with integrated software and crypto processing — overlaps closely with ChainBytes' Universal ATM and Model V offerings.
- Athena Bitcoin: US Bitcoin ATM operator and infrastructure provider with proprietary machines, software, and compliance features for operator deployments. Comparable as a vertically integrated BTM provider targeting similar operator and retail-location customer base.
- RockItCoin: US-based Bitcoin ATM operator with a focus on compliant, retail-located BTM deployments. Comparable to ChainBytes in serving retail locations (convenience stores, gas stations) with cash-to-crypto transactions and offering operator-facing tools.
- ByteFederal: Bitcoin ATM operator and infrastructure provider deploying machines across US retail locations. Comparable to ChainBytes in targeting retail-located BTM deployments with integrated software and compliance features.
- DigitalMint: Bitcoin ATM operator emphasizing compliance-heavy, low-fraud cash-to-crypto transactions in retail locations. Comparable to ChainBytes in combining BTM hardware with a strong compliance and KYC/AML positioning.
- Coinsource: US Bitcoin ATM operator with a nationwide machine network serving cash-to-crypto customers at retail locations. Comparable to ChainBytes as a BTM operator/infrastructure provider targeting similar retail and SMB use cases.
- BitAccess: Provider of Bitcoin ATM software and operator tools enabling compliant cash-to-crypto transactions. Comparable to ChainBytes' GenMega Software and dashboard offerings as a software-focused BTM infrastructure provider.
Broad incumbents
- PayNearMe: Established cash-to-digital payments network enabling consumers to convert cash to digital balances at retail locations. Comparable to ChainBytes in the cash-to-digital onramp mechanic and retail-location network, but serves a broader bill payment and digital wallet use case beyond crypto.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
ChainBytes social profiles
Digital presenceChainBytes compliance and trust
Trust signalCompliance1 record
ChainBytes financial estimates
Financial estimateRevenue estimate
Valuation estimate
ChainBytes leadership team
Management profileNumber of profiles
Profiles1 record
ChainBytes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ChainBytes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ChainBytes
What does ChainBytes do?
ChainBytes sells Bitcoin ATM hardware (Universal ATM and Model V kiosks) bundled with its proprietary software platform for fleet management, KYC/AML compliance, and automated buy-back. The company also offers a compliance package through partner BTM Compliance, custom blockchain development services, and used Bitcoin ATM sourcing for operators.
Is ChainBytes a public or private company?
ChainBytes is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ChainBytes founded?
ChainBytes was founded in 2016. It employs 1 to 10 people.
Where is ChainBytes based?
ChainBytes is headquartered in Allentown, United States, in the North America region.
How does ChainBytes make money?
Four revenue lines are on record. Hardware Sales are the primary driver. The others are transaction Fee (1%), compliance Package (Optional) and blockchain Development Services.
Who are ChainBytes's main competitors?
Direct peers on record are Bitcoin Depot, CoinFlip, General Bytes, Athena Bitcoin, RockItCoin, ByteFederal, DigitalMint, Coinsource and BitAccess. PayNearMe is listed as a broad incumbent.
Does ChainBytes have an API?
No public API is recorded for ChainBytes.
What industry is ChainBytes in?
ChainBytes's product category is Bitcoin ATM Hardware. Its primary akta.pro industry code is FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks, with a secondary code of FSADAIAA, Crypto Payment Gateways & Checkout APIs. Its SIC code is 6200.