Crane NXT is the money-and-authentication company spun out of Crane in 2023. Two businesses: Crane Payment Innovations (CPI) builds the bill validators, coin recyclers and cash-automation gear inside the world's vending machines, self-checkouts, casinos and transit gates; Security & Authentication Technologies makes the actual banknotes — Crane Currency has supplied the paper for every US dollar since 1879 and puts micro-optic anti-counterfeit stripes in the currency of 50+ countries — plus brand-protection tech (OpSec, De La Rue Authentication). FY2024 revenue was ~$1.49B.
What Crane NXT, Co. really sells
Crane NXT is the money-and-authentication company spun out of Crane in 2023. Two businesses: Crane Payment Innovations (CPI) builds the bill validators, coin recyclers and cash-automation gear inside the world's vending machines, self-checkouts, casinos and transit gates; Security & Authentication Technologies makes the actual banknotes — Crane Currency has supplied the paper for every US dollar since 1879 and puts micro-optic anti-counterfeit stripes in the currency of 50+ countries — plus brand-protection tech (OpSec, De La Rue Authentication). FY2024 revenue was ~$1.49B.