Pelicoin
Pelicoin is a regional cryptocurrency ATM operator headquartered in New Orleans that provided cash-to-Bitcoin and Bitcoin-to-cash transaction services through its ATM network across the Gulf South region, acquired by Bitcoin Depot in June 2025.
- Company typePrivate
- Founded2016
- HeadquartersNew Orleans, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Pelicoin does
Pelicoin is a privately held regional cryptocurrency ATM operator that was founded in 2016 and headquartered in New Orleans, United States. The company built and operated a network of Bitcoin ATMs across the Gulf South region of the United States, providing consumers with the ability to convert cash to Bitcoin and Bitcoin to cash at physical kiosk locations. Its core product offering was a regional crypto ATM network addressing limited access to Bitcoin purchasing with cash in the Gulf South market, serving individual consumers and SMB customers through retail/physical storefront distribution. Pelicoin's revenue mechanics were tied to transaction fees generated by cash-to-crypto and crypto-to-cash flows through its ATM kiosks, though no publicly disclosed pricing, revenue figures, or per-transaction economics were available in the supplied sources. The company was acquired by Bitcoin Depot, a larger U.S.-based Bitcoin ATM operator, on June 11, 2025, with the transaction structured as an asset acquisition intended to integrate Pelicoin's Gulf South ATM network into Bitcoin Depot's nationwide footprint. Post-acquisition, Bitcoin Depot serves as Pelicoin's parent entity in a strategic operating company capacity. No detailed management team, funding history, or capital structure information for Pelicoin prior to the acquisition was available.
Pelicoin firmographics
Firmographics- Name
- Pelicoin
- Legal name
- Pelicoin
- Website
- https://pelicoin.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Pelicoin is a regional cryptocurrency ATM operator headquartered in New Orleans that provided cash-to-Bitcoin and Bitcoin-to-cash transaction services through its ATM network across the Gulf South region, acquired by Bitcoin Depot in June 2025.
- Ownership category
- akta.pro rank
Pelicoin industry classification
Industry- Product category
- Cryptocurrency ATM Services
- 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 industry
- POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI)
Keywords
Where Pelicoin is headquartered
LocationHeadquarters
- HQ city
- New Orleans
- HQ country
- United States
- HQ region
- North America
Markets served
Pelicoin business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales
Distribution channels1 record
Pelicoin product offering
Product offeringCore offering
Pelicoin operates a regional network of cryptocurrency ATMs that allow consumers to buy Bitcoin with cash and sell Bitcoin for cash at physical retail locations across the Gulf South region of the United States. The ATMs are deployed at convenience stores and other retail storefronts, providing accessible Bitcoin purchasing for users who prefer or need to transact with cash.
Differentiator
Problem solved
Functional benefit
Products and services
- Pelicoin Crypto ATM Network Regional cryptocurrency ATM network providing cash-to-crypto and crypto-to-cash transaction services across the Gulf South region. The ATMs enable consumers to buy and sell Bitcoin using cash at physical retail locations such as convenience stores and other storefronts, serving individuals who prefer or need cash-based access to cryptocurrency.
Companies that use Pelicoin
Customer profileSegments1 record
Ideal customer profiles1 record
Pelicoin technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Pelicoin partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Pelicoin competitors and assessment
Company assessmentDirect peers
- Bitcoin Depot: U.S.-based Bitcoin ATM operator and parent acquirer of Pelicoin; operates one of the largest crypto ATM networks in North America with online Buy Online channel and retail venue partnerships (Circle K, Pilot Flying J, etc.). Directly comparable as a cash-to-Bitcoin ATM operator.
- Athena Bitcoin: Global operator of Bitcoin ATMs (formerly Global Bitcoin ATM) with locations across the U.S. and Latin America; offers cash-to-Bitcoin purchasing. Operates in the same crypto ATM category as Pelicoin.
- RockItCoin: Regional and national Bitcoin ATM operator providing cash-to-Bitcoin transaction services at convenience stores and retail venues. Comparable business model and customer segment to Pelicoin.
- CoinHub: U.S.-based Bitcoin ATM operator with thousands of locations across multiple states; provides cash-to-crypto transactions with competitive fee structures. Directly competes in the regional-to-national ATM operator space.
- Coinme: Operates Bitcoin ATMs across the U.S. with strong presence in retail chains (Coinstar, MoneyGram); provides cash-to-Bitcoin services with regulatory compliance focus. Comparable regional-to-national ATM operator.
- CoinFlip: One of the largest U.S. Bitcoin ATM operators with thousands of machines nationwide; offers cash-to-crypto on-ramp services at retail locations. Directly competes with Pelicoin in the crypto ATM category.
Others
- Banxa: Payment service provider enabling fiat-to-crypto on/off-ramps for exchanges and wallets; referenced in Bitcoin Depot's terms of service. Comparable as a fiat-crypto on-ramp infrastructure provider rather than a direct ATM competitor.
- Genesis Coin: Provider of crypto ATM software and machines used by independent operators; is a key enabler/infrastructure supplier in the crypto ATM value chain rather than a direct consumer-facing competitor.
Broad incumbents
- Coinbase: Major U.S.-registered crypto exchange offering fiat on/off-ramps via ACH and debit cards; represents the broader incumbent alternative to ATM-based cash-to-crypto purchasing, especially for banked consumers.
- Cash App: Block's consumer fintech app that includes Bitcoin purchasing and withdrawal capabilities; serves as a broad incumbent digital alternative to crypto ATMs, especially for banked users not reliant on cash transactions.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
Pelicoin social profiles
Digital presencePelicoin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pelicoin leadership team
Management profileNumber of profiles
Pelicoin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pelicoin 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 Pelicoin
What does Pelicoin do?
Pelicoin operates a regional network of cryptocurrency ATMs that allow consumers to buy Bitcoin with cash and sell Bitcoin for cash at physical retail locations across the Gulf South region of the United States. The ATMs are deployed at convenience stores and other retail storefronts, providing accessible Bitcoin purchasing for users who prefer or need to transact with cash.
Is Pelicoin a public or private company?
Pelicoin is a private company. It is classified as corporate owned and is currently acquired.
When was Pelicoin founded?
Pelicoin was founded in 2016. It employs 11 to 50 people.
Where is Pelicoin based?
Pelicoin is headquartered in New Orleans, United States, in the North America region.
Who are Pelicoin's main competitors?
Direct peers on record are Bitcoin Depot, Athena Bitcoin, RockItCoin, CoinHub, Coinme and CoinFlip. Others are Banxa and Genesis Coin. Broad incumbents are Coinbase and Cash App.
Does Pelicoin have an API?
No public API is recorded for Pelicoin.
What industry is Pelicoin in?
Pelicoin's product category is Cryptocurrency ATM Services. Its primary akta.pro industry code is FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks, with a secondary code of FSADAIAI, POS, QR & In-Person Acceptance Infrastructure (Crypto). Its SIC code is 6200.