Share Dialog
Share Dialog
Subscribe to Untitled
Subscribe to Untitled
Crypto exchange FTX acquired mobile-first Blockfolio for $150 million in 2020, though Moncada said that the firm will continue functioning as an independent app with an ongoing commitment to user privacy.
The acquisition is one of the largest confirmed prices paid in a rapidly warming crypto mergers-and-acquisitions space, and it proves that despite institutional interest in the sector, a massive base of retail users is still vital to crypto’s growth.
Moncada’s shared vision with FTX founder Sam Bankman-Fried was key to the success of the deal, as well as what Moncada described as their alignment on integrity and values.
Blockfolio also partnered with TokenTax in February to help customers report their crypto transactions to the United States Internal Revenue Service.
April saw the Blockfolio CEO speak at the BlockDown digital conference. In December, Moncada spoke at the Paris Blockchain Week Summit on the adoption of blockchain technology, after the spring event was delayed due to the pandemic.
Moncada’s 2021:
Crypto exchange FTX acquired mobile-first Blockfolio for $150 million in 2020, though Moncada said that the firm will continue functioning as an independent app with an ongoing commitment to user privacy.
The acquisition is one of the largest confirmed prices paid in a rapidly warming crypto mergers-and-acquisitions space, and it proves that despite institutional interest in the sector, a massive base of retail users is still vital to crypto’s growth.
Moncada’s shared vision with FTX founder Sam Bankman-Fried was key to the success of the deal, as well as what Moncada described as their alignment on integrity and values.
Blockfolio also partnered with TokenTax in February to help customers report their crypto transactions to the United States Internal Revenue Service.
April saw the Blockfolio CEO speak at the BlockDown digital conference. In December, Moncada spoke at the Paris Blockchain Week Summit on the adoption of blockchain technology, after the spring event was delayed due to the pandemic.
Moncada’s 2021:
<100 subscribers
<100 subscribers
No activity yet