The crypto portfolio tracker developer has been snapped up for $150m less than two years after a series A round backed by Huobi and Bitmex.
Cryptocurrency derivatives exchange FTX has bought US-based cryptocurrency portfolio management network Blockfolio for an amount reported by Coindesk as $150m, allowing digital currency exchanges Bitmex and Huobi to exit.
Blockfolio operates an online platform with 6 million users that helps users track their cryptocurrency portfolios, in addition to a tool that enables them to receive direct updates from executives associated with selected currencies.
The company’s app will continue to operate independently following the deal and is accepting applications for a…
