UAE Morningstar Ventures acquires Coinfyi

“You don’t 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’ 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” says Danilo S. Carlucci (Co-Founder and CIO at Morningstar Ventures).

“I have been looking for the right company to handover Coin.fyi to for a while as it’s 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’ ecosystem — our users are in safe hands!” said the core developer at Coin.fyi.

Prior to this UAE MorningStar Ventures invested 15 million USD in Elrond Blockchain.