Bankless Bitcoin is set to make history by installing the first-ever Bitcoin ATM in East Africa inside the iconic Two Rivers Mall, Nairobi. This milestone represents a leap forward in bringing cryptocurrency to the mainstream, offering a new on-ramp for financial empowerment across the region.
“This is more than an ATM – it’s a statement,” said Mohamed Abdi, Founder and CEO of Bankless Bitcoin.
“By placing a Bitcoin ATM in Two Rivers Mall, one of East Africa’s largest shopping destinations, we’re showing that Bitcoin belongs everywhere, not just in informal markets. It belongs in the heart of mainstream Africa.”
Bridging Cash and Digital Assets in Kenya
The ATM will enable users to buy and sell Bitcoin using Kenyan Shillings (KES), providing a direct bridge between cash and digital currency. This comes at a time when Kenya ranks among Africa’s fastest-growing cryptocurrency markets, with rising adoption among individuals, SMEs, and startups seeking efficient payment and investment options.
According to a lease agreement seen by BitKE, Bankless Bitcoin will operate the ATM at Two Rivers Mall under a multi-year rollout plan, reinforcing its long-term vision of embedding Bitcoin into Kenya’s digital economy.
Robert Muoka, Strategic Legal Advisor and Founding Partner at Bankless Bitcoin Kenya, emphasized the broader impact:
“This is a bold move that demonstrates Bitcoin’s power to connect local communities with the global financial system. Kenya is leading innovation in digital finance, and this ATM is a clear signal that the country is ready for the future of money.”
Expanding Access Across East Africa
Looking beyond Nairobi, Bankless Bitcoin plans to expand its ATM network across Kenya and East Africa, creating more accessible touchpoints for people to interact with digital assets. The company is also seeking partnerships and investment opportunities to accelerate its growth and solidify its role as a leading provider of Bitcoin-powered financial services in the region.
The initiative is backed by Yiksi, a fintech firm focused on expanding access to global digital currencies across the Horn of Africa. Bankless Bitcoin has also applied to join the Capital Markets Authority of Kenya (CMA) Sandbox, signaling its commitment to safe, compliant, and transparent financial services.
Kenya has consistently ranked among the top African countries in terms of peer-to-peer Bitcoin trading volume and crypto adoption, driven by a young, tech-savvy population and growing demand for alternatives to traditional financial systems. The launch of a Bitcoin ATM at a major retail hub like Two Rivers Mall could normalize crypto usage for everyday consumers, from remittances and savings to payments.
With this development, Bankless Bitcoin positions itself at the center of Africa’s digital finance revolution, combining compliance with innovation while making Bitcoin more accessible than ever before.
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