Coinigy Adds Users, As Digital Currency Values Soar
Summary
Coinigy Adds Users, As Digital Currency Values Soar Xconomy Wisconsin — Matt Cohler, a general partner with the Silicon Valley-based venture capital firm Benchmark, in 2014 described to Vanity Fair his view of the smartphone as a “remote control for real life.” Cohler’s analogy captures a key feature of so many digital innovations, from the earliest remote controls to today’s smartphones: being able to take lots of different actions using a single interface.Derek Urben, Coinigy’s head of business development, says the startup currently supports 60-plus exchanges across the globe, and has more than 29,000 active users.(Digital currencies are sometimes called “cryptocurrencies.”) However, Urben says that Coinigy supports more exchanges and handles a higher trading volume than competing services.Robert Borden and William Kehl co-founded Coinigy in 2014, five years after the open-source software code for the virtual currency Bitcoin was released.Coinigy’s users range from seasoned finance professionals to young tech workers to retired people who want to spend some of their time and money exploring new currencies, he says.
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