Bullet Blockchain Announces Partnership and Licensing Agreement

Rhea-AI Summary

Bullet Blockchain (OTC: BULT) has announced a strategic partnership and licensing agreement with Innovative Payment Solutions (OTCQB: IPSI) for Bitcoin ATM transactions. Under the agreement, IPSI will receive licensed access to BULT's IP Portfolio across North America and pay royalty fees to BULT's subsidiary First Bitcoin Capital for each Bitcoin ATM transaction.

The partnership aims to enhance security and consumer protection in the cryptocurrency payment ecosystem. BULT, through its subsidiary First Bitcoin Capital LLC, owns two critical Bitcoin ATM patents: US9135787B1 and US10332205B1, making it one of only three publicly traded Bitcoin ATM network operators in the U.S.

Positive

• None.

Negative

• Potential dependency on successful enforcement of patent rights
• Competitive pressure from unlicensed Bitcoin ATM operators
• Regulatory uncertainties in the cryptocurrency ATM sector

Partnership Unveils Licensing Agreement for Bitcoin ATMs Transactions Throughout Mexico

LAS VEGAS, July 16, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (OTC: BULT) (“Bullet Blockchain” or the “Company”), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced a strategic partnership and licensing agreement with Innovative Payment Solutions, Inc. (OTCQB: IPSI), a company focused on delivering cutting-edge digital payment solutions that meet the needs of underserved communities and crypto-based industries specializing on real-time merchant payment processing technologies.

Under the terms of the agreement, IPSI will receive licensed access to BULT’s IP Portfolio across North America. IPSI will pay a royalty fee to BULT’s subsidiary First Bitcoin Capital, LLC, for each Bitcoin ATM transaction through BULT’s network. “The partnership with IPSI marks a critical step towards licensing and securing the continent’s rapidly expanding cryptocurrency payment and Bitcoin ATM ecosystem,” said Simon Rubin, CEO of Bullet Blockchain.

Expanding Access Through Licensed Partnerships

As part of its ongoing licensing initiative, Bullet Blockchain is pursuing strategic agreements with Bitcoin ATM owner-operators to avoid litigation and support the growth of a regulated Bitcoin ATM infrastructure. Bullet Blockchain is also working to develop the first global Bitcoin ATM network and consortium, which will link together operators to deliver more efficient and accessible services for end users.

Enhancing Security and Consumer Protection

As the adoption of cryptocurrencies continues to surge, so do the concerns that surround consumer safety. Unlicensed Bitcoin ATMs have emerged as potential hazards, leaving users vulnerable to illicit activities, fraudulent transactions, and other financial risks. Understanding the paramount importance of consumer protection, Bullet Blockchain and IPSI have proactively taken this step to safeguard the interests of cryptocurrency enthusiasts and payment ecosystems. This new agreement between Bullet Blockchain and IPSI underscores a joint commitment to consumer safety and industry regulation by offering fully licensed access to critical Bitcoin ATM technologies.

Bullet Blockchain’s Intellectual Property

As previously announced, Bullet Blockchain acquired First Bitcoin Capital LLC, gaining ownership of an intellectual property portfolio that includes two Bitcoin ATM patents. By virtue of its subsidiary, First Bitcoin Capital LLC, Bullet Blockchain holds the 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 remain critical technologies for the operation and security of Bitcoin ATMs and their networks.

Bullet Blockchain continues to advance its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue-sharing opportunities centered around its intellectual property.

About Bullet Blockchain 
Headquartered in Las Vegas, Nevada, Bullet Blockchain Inc. – common stock is publicly traded on the OTC Markets under the symbol (BULT) – is a diversified software development and BaaS company, specializing in blockchain technologies and Web 3.0, and through its wholly owned subsidiary, First Bitcoin Capital LLC, the owner and licensor of 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 is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions. Management is dedicated to rapid growth and increasing the shareholders’ value. 

Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our OTC Markets’ disclosures, press releases, public conference calls, and webcasts. We also use social media to communicate with our email subscribers and the public about Bullet Blockchain, services, and other related information. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in Bullet Blockchain to review the information we post on Bullet Blockchain’s social media channels listed below. This list may be updated from time to time. 

For investor and general information, please email contact@BulletBlockchain.com

Follow us at:
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X (f/k/a Twitter):	@BULT_stock
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LinkedIn:	www.linkedin.com/in/bullet-blockchain-inc

Find investor and general information at https://www.otcmarkets.com/stock/BULT/profile

Forward-Looking Statements: 
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change at some point in the future. However, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intend,” “anticipate,” “anticipates,” “plans," "plan," to be uncertain and forward-looking. 

Contact us: contact@BulletBlockchain.com

FAQ

What is the new partnership between Bullet Blockchain (BULT) and IPSI?

BULT has partnered with IPSI to provide licensed access to BULT's IP Portfolio for Bitcoin ATM transactions across North America, with IPSI paying royalty fees for each transaction through BULT's network.

What patents does Bullet Blockchain own for Bitcoin ATMs?

Through First Bitcoin Capital LLC, BULT owns two key patents: US9135787B1 for Bitcoin kiosk/ATM device system with enrollment protocol, and US10332205B1 for Bitcoin kiosk/ATM device system and usage method.

How will BULT generate revenue from the IPSI partnership?

BULT will generate revenue through royalty fees paid by IPSI to First Bitcoin Capital LLC for each Bitcoin ATM transaction processed through BULT's network.

What is Bullet Blockchain's strategy for Bitcoin ATM licensing?

BULT is pursuing strategic agreements with Bitcoin ATM owner-operators to avoid litigation and support regulated infrastructure growth, while developing the first global Bitcoin ATM network and consortium.

How does the BULT-IPSI partnership address consumer protection?

The partnership aims to enhance security and consumer protection by offering fully licensed access to critical Bitcoin ATM technologies, helping prevent illicit activities and fraudulent transactions.