{"id":145039,"date":"2021-11-18T14:07:51","date_gmt":"2021-11-18T14:07:51","guid":{"rendered":"https:\/\/precoinnews.com\/?p=145039"},"modified":"2021-11-18T14:07:51","modified_gmt":"2021-11-18T14:07:51","slug":"morningstar-ventures-announces-acquisition-of-portfolio-tracker-coin-fyi","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/morningstar-ventures-announces-acquisition-of-portfolio-tracker-coin-fyi\/","title":{"rendered":"Morningstar Ventures Announces Acquisition of Portfolio Tracker Coin.fyi"},"content":{"rendered":"

Dubai, UAE, 9th November, 2021, <\/strong><\/span><\/p>\n

Morningstar Ventures<\/u>, an investment company focused on crypto-assets and the blockchain tech sector, has announced its strategic acquisition of Coin.fyi<\/u>, a widely-used portfolio-tracking app.<\/p>\n

Coin.fyi provides an intuitive and user-friendly portfolio-tracker platform and news-aggregator service that was implemented by a team of remote application developers from Eastern Europe and the Bay Area.<\/p>\n

Launched in 2017, Coin.fyi features a simple user-interface (UI) design as well as clear product positioning, which has helped the application gain considerable exposure during 2017-2018 with organic growth and almost no marketing required.\u00a0<\/p>\n

200K Portfolios Created, 30K Unique Monthly Visitors<\/b><\/p>\n

More than 200,000 portfolios have been created with the Coin.fyi application. Even though the founders of the initiative decided to focus on a few other products during the past few years, the Coin.fyi platform has still been able to attract more than 30.000 unique monthly visitors.<\/p>\n

Morningstar Ventures\u2019 team members had been using the Coin.fyi app for a number of years and when they found out that the Coin.fyi team was seeking out a potential acquisition deal, they decided to acquire their platform. Both teams will now be focused on further improving and expanding the app\u2019s features and functionality.<\/p>\n

Plans to Add More Functionality to Portfolio Tracker<\/b><\/p>\n

\u201cYou don\u2019t find products like coin.fyi every day; the team built an easy-to-use tool that users enjoy and return to use on a regular basis and that in itself is already a great achievement. With Morningstar Ventures\u2019 acquisition of Coin.fyi, our endeavour is to turn the platform into more than just a portfolio tracker. The product perfectly fits into the ecosystem of products that we already own, as well those that we will be unveiling soon, so this is a really strategic acquisition for us,\u201d stated Danilo S. Carlucci, the Co-Founder and CIO at Morningstar Ventures.<\/p>\n

\u201cI have been looking for the right company to hand over coin.fyi to for a while as it\u2019s not easy to find people who are genuinely interested to continue what you started in the way you always imagined. I am very excited for our product to join the Morningstar Ventures\u2019 ecosystem – our users are in safe hands!\u201d added the Core Developer at Coin.fyi<\/p>\n

If you want to learn more about coin.fyi, then you may check out the website https:\/\/coin.fyi\/ and create a free account. You can also follow the initiative on Twitter https:\/\/twitter.com\/CoinFyi.<\/p>\n

About Morningstar Ventures<\/h4>\n

Morningstar Ventures is an investment company that supports innovative ideas launched by early-stage founders. Headquartered in Dubai, Morningstar Ventures mainly focuses on the blockchain and crypto-assets industry and is being led by company CIO Danilo S. Carlucci. The company is currently active in the digital token investments and equity investments sector, and has a sharp focus in the Elrond ecosystem.<\/p>\n

About Coin.fyi<\/h4>\n

Coin.fyi is a lightweight portfolio-tracker that brings together enhanced usability and a sleek design. It offers a seamless user-experience by displaying important metrics, timely news updates and the latest altcoin stats in a very intuitive and straightforward manner, while supporting the management of several different investment portfolios and watchlists.<\/p>\n<\/p>\n