Chicago Atlantic funded a $16 million senior secured term loan for Margo, a cryptocurrency ATM operator, to support the company’s growing kiosk network.

“Margo is redefining the way consumers interact with digital currency, shaping the future of financial literacy by making cryptocurrency more accessible,” Tony Cappell, founding partner of Chicago Atlantic, said. “We couldn’t think of a company better aligned with our people-first values and our drive to push innovation forward in categories of highest need. It’s an honor to partner with Margo as they expand their reach.”

“Chicago Atlantic brought detailed solutions to the table designed to scale our business with the utmost care and confidence,” Austin Haller, CEO of Margo, said. “Their experience in our cutting-edge industry will help propel our long-term objectives, and we look forward to empowering secure digital currency investments for years to come.”