COINHUB Inc., based in Tokyo, announced that it has launched what it calls the “world’s first commercial, high-performance cryptocurrency ATM network”. The exchange, licensed by the Financial Services Agency says that it’s the first in Japan to notify the FSA about running a crypto ATM business.

To kick things off, COINHUB has installed 25 machines across six cities and aims to grow that footprint to around 3,000 ATMs nationwide over time.

The idea is simple: insert cash to buy crypto, or sell crypto and withdraw cash. The ATMs use a straightforward interface so that even newcomers should feel comfortable with the system. COINHUB presents the machines as a practical bridge between everyday cash banking and the digital-asset world — also an easy on-ramp for people curious about crypto.

Chairman Hiroshi Uehara highlighted the company’s year-long work to meet the FSA’s strict rules and build a platform that’s both safe and efficient. He said their onboarding process is built to make trading smooth and to rethink how people access digital assets. By expanding the ATM network and teaming up with merchants, COINHUB hopes to broaden crypto use and help position Japan as a leader in the Web3 era.

The first wave of ATMs is live in Tokyo, Yokohama, Nagoya, Osaka, Okayama and Fukuoka, with a gradual rollout planned across the rest of the country.

After years of preparation, the company says it’s excited to bring these crypto ATMs to Japan’s major cities — and once it’s established at home, it plans to look outward, targeting expansion into other Asian markets.