OLLIV has been rebranded as COINFLIP in Australia and New Zealand.

CoinFlip, a leading global digital currency platform, has announced a major rebranding effort in Australia and New Zealand. The company is transitioning its Olliv digital currency kiosks to CoinFlip, also known as ‘Bitcoin ATMs’, across the two countries. With nearly 700 locations in the region, CoinFlip kiosks provide customers with a simple and secure platform to buy and sell digital currency using cash.

Since acquiring Layer 8 Networks in 2022, CoinFlip has seen significant growth in both Australia and New Zealand. Under the leadership of Australian technology entrepreneurs Ben Brockliss and Matthew Pook, the company has expanded its footprint and experienced a 40% growth in Australia and a 200% growth in New Zealand by the end of 2023.

The rebranding to CoinFlip aims to unify the global brand and make it easier for customers to identify and use the trusted kiosks. The company has witnessed a surge in machine usage since entering the Australian and New Zealand markets, with new user growth up 396% and 88% respectively.

Ben Brockliss, Vice President of Australia and New Zealand at CoinFlip, stated, “There has been a considerable increase in consumer demand and interest in a simple, safe, and convenient way to buy crypto.” With the recent Bitcoin ‘Halving’, industry experts anticipate a rise in consumer interest and investment in digital currency.

The name-change process will be completed by the end of May, and all customers will continue to receive the same high-quality service and access to 24/7 live customer support. CoinFlip aims to play a pivotal role in fostering crypto innovation and adoption in the region, providing enhanced access to the digital economy for its loyal customers.