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ANNOUNCEMENT

Crowell & Moring Represents Kutt in Sale to Bitcoin Depot

March 9, 2026

Crowell & Moring represented Kutt, a peer-to-peer social betting platform, in its sale to publicly traded Bitcoin ATM company Bitcoin Depot (Nasdaq: BTM).

Kutt provides a platform for users to wager directly against each other across a range of markets, including sports, entertainment, and user-generated events. Bitcoin Depot is the largest Bitcoin ATM network worldwide, offering users the ability to buy Bitcoin with cash at thousands of locations across the U.S., Canada, Australia, and Hong Kong.

The Crowell deal team was led by Justin Porter and Matthew Moisan and included Joe Urwitz, Eric Homsi, Andrew Bagley, and Thomas Hurtubise.

Justin Porter Justin Porter New York Venture Capital Financings, Corporate Governance, General Corporate Counsel
Matthew Moisan Matthew Moisan New York General Corporate Counsel, Venture Capital Financings, M&A
Joseph K. Urwitz Joseph K. Urwitz Washington, D.C. Tax
Eric Homsi Eric Homsi New York Tax
Andrew W. Bagley Andrew W. Bagley Washington, D.C. Labor and Employment

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