Leverage Holdings Brings First Bitcoin ATM to Iowa and Moves into the Gravitate Entrepreneurial Space

Des Moines, IA (PRWEB) January 05, 2015

Leverage Holdings, LLC, a new company offering technology solutions in the areas of crypto-currencies, Forex, precious metals and cloud computing, announced today they have moved into the Gravitate Entrepreneurial center in the Midland Building. The startup plans to set up vending machines – known as Bitcoin ATMS – in the region which will dispense cryptocurrency. Bitcoin is a type of digital currency in which encryption technology is used to regulate the generation and verify the transfer of funds – operating independently of a central bank. Bitcoin-friendly stores, merchants or restaurants accept bitcoin in place of traditional payment methods such as cash, check, debit or credit cards. Leverage Holdings, LLC, was founded in July 2014 by Ames resident David Miller with Michael Mikkelsen and Taylor Webber. Follow Leverage Holdings on Twitter at @LeverageCrypto.

“While Leverage is bringing the first Bitcoin ATMs to Iowa, that is not our primary focus,” said Leverage Holdings, LLC CEO and Founder David Miller. “We felt Iowa was a prime market since one listing of Bitcoin ATMs shows more of them in nearby Kansas City than in New York, Los Angeles and nearly all other metro markets. Bitcoin can incite some discussion since backers see it as an alternative, and government free, way to pay for goods and services. It carries no government backing the way the United States backs the dollar. What is even more exciting is what we are developing – we have some game-changers in the works that aim to reduce bitcoin’s volatility to end users,” concluded Miller.

The startup operates in three areas – mining, trading and developing – and current projects include an innovative wallet, derivatives and smart contracts. One project in development positions Leverage Holdings to be the first company to bring a user-friendly mobile interface to be used by two individuals to transfer value between each other for little of even no fees without relying on a trusted third party.

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