Bullet Blockchain delivers bitcoin ATM licensing to TekX Mining

Bullet Blockchain Inc., a software-as-a-service company and bitcoin ATM patent owner, has signed a licensing agreement with TekX Mining and Gaming PC Solutions LLC to create bitcoin ATMs using Bullet’s bitcoin ATM technology. TekX will manufacture the machines in the U.S. and pay a royalty fee to Bullet for each one produced and sold, according to a press release.

“We are happy to advance Bullet Blockchain Bitcoin ATM patented technology into kiosks for mass production,” a TekX spokesperson said in the release.

With the partnership, Bullet will be able to further develop its network of licensed bitcoin ATMs, according to the release.