The crypto portfolio tracker Blockfolio has officially raised $11.5 million USD in a round of fundraising that was led by one of the most popular cryptocurrency hedge funds, Pantera Capital. This is everywhere in the cryptocurrency news space lately, especially because the funding was monitored by the CEO and chief investment officer of Pantera Capital, Dan Morehead.
In addition to the official announcement, the company also unveiled the new design of its app. For all the newbies out there, Blockfolio offers daily news updates from the top crypto news sites and price alert integrations.
buy vigora generic buy vigora online no prescription
As one report on Fortune noted, the company (Blockfolio) is rapidly growing beyond its portfolio management feature. The report noted that the company may grow in the role of a mediator for project participants, which is why it released a new feature called “signal” which allows cryptocurrency developers to share updates through push notifications – directly within the app.
Even though the app is currently not monetized and there are no plans for running ads, the co-founder and CEO of Blockfolio Ed Moncada is confident about the future. He stated:
“If we were just a price-tracking application, we wouldn’t be able to raise that kind of money.”
Moncada also believes that this can be one of the best opportunities for the app to preserve the trust of its users, even if that means losing revenues. Since its launch in 2014, Blockfolio has attracted more than 4.5 millions of users who use the service to keep up with the latest news across multiple exchanges, keep their holdings and get updates on the recent updates by cryptocurrency project developers.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post