Crypto / Tech

Blockfolio Crypto App Acquired for $150m

blockfolio app

Everyone in the crypto space has heard of Blockfolio by now. It’s one of the leading apps for tracking your crypto portfolio. It has been around for many years now and used daily by over 6 million users worldwide.

Blockfolio was created in 2014 by founders Edward Moncada and Peter Lau. It has been a wild road since then with the rise of the Crypto market in 2017 onward.

FTX is a crypto derivatives exchange. It’s a wise move by them to acquire such a widely used app that’s grown with the crypto world. It will open the doors to many more users to join their platform and more.

The companies told CoinDesk that the app was bought with cash, equity and crypto. You can read more here.

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