Blockchain Company Coinigy raises Angel Round of $400,000

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Blockchain company  Coinigy, a provider of digital currency trading tools, said it has raised a seed round of $400,000 from one angel investor.

“Coinigy offers a one-stop trading platform for digital currency traders. Digital currencies circulate independent of a central bank and use encryption techniques to regulate the generation of units and verify the transfer of funds. The company has revenue and nearly 400 paying users,” said Derek Urben, head of business development.

Coinigy, which is based in Milwaukee, will use the funding to further develop its trading platform, Urben added.

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“We’re building a strong brand and we hope investors will look at it and say ‘this is the one-stop shop you need.”

Coinigy provides currency traders, individuals, and companies with software tools, a unique database, and services that help them trade  digital currency and other digital assets. It aggregates trading and historical data, news feeds and other information from about 50 exchanges around the world to help investors can do things like bet on the price of Bitcoin or trade gold in Ether, the currency at the heart of the Ethereum platform launched earlier this year.

Coinigy was founded in 2014 by Robert Borden, its chief executive officer, and William Kehl, its president. Both have computer science technology backgrounds. The company earlier this year won the University of Wisconsin-Milwaukee’s 2016 La Macchia New Venture Business Plan Competiton and an $8,000 first prize in March.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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