The famous sportsman Mike Tyson who announced this summer his plans to launch a bitcoin project has entered into the partnership with Bitcoin Direct to license his name for 100 bitcoin ATMs.

One of the machines was unveiled in Las Vegas on Thursday, becoming the first celebrity-branded bitcoin ATM. 

The ATM turns cash into digital Bitcoin currency, putting bitcoins into a customer's wallet on their mobile device.

"I'm honored to join the bitcoin revolution with my very first bitcoin ATM," said Tyson who has been keen on cryptocurrency for quite a long time now.

Bitcoin Direct CEO Peter Klamka said that the project should help to introduce the digital currency bitcoin to a broader public and help it gain more popularity among common people, as Tyson is known "from Brooklyn to Beijing".

"Celebrity cuts across all generations, all borders, all cultures and all ethnic groups", Klamka explained.

Mike Tyson himself sees the technology as "changing the way we get change".

Maria Rudina