CoinFlip, the leading global Bitcoin ATM operator, announced today that it ranked #1 in Crain’s annual Fast 50 list of Chicago’s most rapidly growing companies. CoinFlip was recognized for their 1,715,091.9% growth over the past five years and $50.6 million 2020 revenue.

“We are honored to be named the most rapidly growing company in Chicago by Crain’s,” said Ben Weiss, CEO of CoinFlip. “Despite the pandemic, we’ve experienced a record-breaking year in 2020 with a 359% increase in revenue year-over-year and exceeding one million transactions across our ATMs nationwide. CoinFlip has already installed more than 930 ATMs across the country this year and we plan to continue our trajectory by expanding into every state in the country and internationally by the end of the year. This recognition wouldn’t be possible without the amazing staff at CoinFlip working towards our single goal to make investing in Bitcoin and other cryptocurrencies safer and more accessible to people everywhere.”

CoinFlip has recently expanded to New Mexico and Alaska, and now has over 2,500 terminals in 47 of the 50 states. Customers can visit the CoinFlip online locator to find new ATM locations as they become available across the nation. The CoinFlip Trade Desk also offers a seamless high-end trading solution that allows users to buy and sell any amount of cryptocurrency via bank transfer in just a few easy steps.

Fast 50 showcases 50 of the Chicago-area’s fastest-growing companies, ranked by percentage revenue growth from 2015 through 2020. Crain’s Chicago researchers vet hundreds of applicants before choosing the 50 honorees. Winners were announced and recognized during a virtual awards ceremony on June 11th.

The 50 companies were selected in partnership with accounting firm Plante Moran, based on the following eligibility criteria:

Crain’s considered only firms that have been in business since at least Dec. 31, 2015
Crain’s excluded real estate investment trusts, regulated banks, real estate developers, utilities, holding companies, subsidiaries/divisions, franchises and nonprofit organizations. Small companies (those reporting less than $15 million in 2020 revenue) were likewise not considered
Companies had no more than one drop in revenue from 2015 to 2020

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