LAS VEGAS, August 11, 2025 (GLOBE NEWSWIRE) — Bullet Blockchain, Inc. (OTC: BULT) (“Bullet Blockchain” or the “Company”), a prominent player in the digital currency space recognized for its core Bitcoin ATM patents within the United States, and a publicly listed entity engaged in the operation and ownership of Bitcoin ATM networks, today unveiled a strategic alliance with Tangem, a frontrunner in the creation of secure cryptocurrency hardware wallets. This partnership is set to expand cryptocurrency access and deliver exclusive services to Tangem users, marking a significant advancement in the user-friendliness and safety of digital currencies.
Tangem’s Advanced Crypto Hardware Wallets
At the heart of Tangem’s offerings are its advanced hardware wallets, which provide a secure and intuitive platform for cryptocurrency storage and administration. Employing Near Field Communication (NFC) technology, Tangem Cards empower users to seamlessly conduct cryptocurrency transactions, safeguarding their private keys offline to thwart cyber threats. These cards boast compatibility with over 16,000 cryptocurrencies across a multitude of blockchains (more than 85), including industry leaders like Bitcoin, Ethereum, and Solana, solidifying their position as versatile solutions for managing digital assets.
Tangem wallets are engineered with a tamper-resistant chip, achieving the stringent Common Criteria EAL6+ certification, ensuring security. The innovative seedless design eliminates the conventional need for recovery phrases, streamlining the user experience without sacrificing robust protection. Backed by a 25-year warranty and designed to endure extreme conditions, Tangem Cards offer users assurance and long-term reliability for their cryptocurrency storage needs.
Earlier in 2024, Tangem expanded into the wearables market with the introduction of the Tangem Ring, a blockchain-enabled smart ring offering secure self-custody and daily transaction capabilities, protected by a U.S. patent.
Distribution Partnership Overview
According to the agreement, Bullet Blockchain will distribute Tangem Cards to its customer base. This will grant users entry to a diverse range of cryptocurrencies and decentralized applications (dApps) with increased security measures. The agreement leverages Bullet Blockchain’s established distribution channels along with Tangem’s pioneering tech to give users a trusted and convenient point of engagement with the cryptocurrency market.
Bullet Blockchain: A Leader in Bitcoin ATM Innovations
Bullet Blockchain possesses foundational patents related to Bitcoin ATMs. These include U.S. Patent No. 9,135,787 and U.S. Patent No. 10,332,205, both of which are integral to Bitcoin ATM operation in North America.
As was previously announced, Bullet Blockchain completed the acquisition of First Bitcoin Capital LLC, obtaining ownership of a key intellectual property portfolio containing two distinct Bitcoin ATM patents. Via its subsidiary, First Bitcoin Capital LLC, Bullet Blockchain commands exclusive rights to U.S. Patent Nos. US9135787B1 (“Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same”) and US10332205B1 (“Bitcoin kiosk/ATM device and system and method of using the same”). These patents are essential to the operation of Bitcoin ATMs throughout North America. As one of a small handful of publicly traded operators and owners of Bitcoin ATM networks in the U.S., Bullet Blockchain is expanding its licensed Bitcoin ATM network, highlighted by a recent acquisition of Bitcoin ATM operations situated in South Florida, giving them a strong foothold in more states. Bullet Blockchain’s network of 200+ ATMs, and steadily increasing, provides a user-friendly system for purchasing and selling digital currencies via cash, debit, or credit cards, establishing a fluid interchange between traditional and digital currencies.
The company’s Bitcoin ATM network has been crafted to deliver secure and efficient cryptocurrency transactions, employing its patented technology to improve consumer protections and ensure transaction reliability. With a key focus on broadening its reach, Bullet Blockchain intends to drive progress in the cryptocurrency payment space, particularly within heavily demanded areas such as California, Texas, and Florida.
Current Trends in the Cryptocurrency Market
This announcement is being made during a key period for the cryptocurrency sector. The price of Bitcoin has recently reached new peaks, stimulated by expanding institutional investment and general acceptance. Boasting over 500 million cryptocurrency users globally, the sector is experiencing unparalleled growth. Secure and easily available solutions like Tangem Cards are critical in accommodating the requirements of this expanding user base, assuring individual safety while taking part in the digital economy.
The agreement goes hand in hand with increased cryptocurrency interest, as companies and customers see value in decentralized digital assets. With Bullet Blockchain’s patented ATM tech paired with Tangem’s secure wallets, both companies are at the head of the changing cryptocurrency market.
Integration with Silo Technologies
To enhance its operational efficiency, Bullet Blockchain is implementing advanced supply chain solutions by Silo Technologies. Silo Technologies, a San Francisco-based fintech platform, gives real-time insights and control of inventory, logistics, and financial transactions. Its cloud-based software automates procedures for buying, selling, freight, accounting, and other processes, enabling companies to make well-informed growth and profit decisions.
Comments from Leadership
According to Simon Rubin of Bullet Blockchain Inc., “We are very pleased to be working with Tangem to bring our patented Bitcoin ATM technology and protected hardware wallets to a broader audience. This agreement will greatly expand cryptocurrency access, along with the assurance that our customers can transact and store digital assets with ultimate levels of protection.”
About Tangem
Tangem, founded in 2017 and based in Zug, Switzerland, is a leading provider of secure hardware wallets for cryptocurrencies. Possessing a global footprint that extends to over 170 nations and with more than 4 million cards released, Tangem has made a name for itself by providing secure cryptocurrency management for its large user base.
About Bullet Blockchain
Bullet Blockchain Inc., a software development and blockchain-as-a-Service (BaaS) company that is headquartered in Las Vegas, Nevada (common stock traded publicly on the OTC Markets as “BULT”). It focuses on blockchain technologies and Web 3.0. Through its subsidiary, First Bitcoin Capital LLC, Bullet Blockchain owns and licenses two Bitcoin ATM patents. Bullet Blockchain’s Bitcoin ATMs are operated by licensed third-party operators within the jurisdictions in which they reside. Bullet Blockchain’s goal is to accelerate innovation, creating digital platforms and blockchain solutions for the future. They are committed to increasing shareholder value and rapid growth.
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SOURCE: Bullet Blockchain, Inc.