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Edward Moncada’s Net Worth: The Success Story of a Tech Entrepreneur

Debi Çakar by Debi Çakar
7 April 2023
in Business
Reading Time: 2 mins read
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What Is Edward Moncada's Net Worth?

Edward Moncada is one of the most successful tech entrepreneurs in today’s world. He has built a reputation as one of the industry’s leading innovators, transforming businesses and bringing modern technology to millions. His story is an inspiring tale that illuminates how hard work and dedication can result in phenomenal success. This piece will delve into Edward Moncada’s net worth and provide insight into his incredible achievements that have allowed him to become one of the wealthiest individuals in business today.

Who Is Edward Moncada?

Edward Moncada is a tech entrepreneur known for his work in the cryptocurrency industry. He began his career as a professional poker player before becoming a trader and founding several successful companies.

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In 2012, Moncada co-founded Unveil LLC, a software company that provided real-time data analytics to financial traders. The company was acquired by a hedge fund in 2014.

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In 2015, Moncada founded Datablock, a blockchain analytics platform that provides insights into the cryptocurrency market. The platform helps traders and investors make more informed decisions by providing data-driven analysis of cryptocurrency trends.

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In 2017, Moncada co-founded Blockfolio, a cryptocurrency portfolio-tracking app that quickly became one of the most popular in the space. Under his leadership, Blockfolio grew rapidly and was eventually acquired by FTX Trading Ltd. for $150 million in 2020.

Moncada is known for his expertise in the cryptocurrency industry and has been a frequent speaker at industry events and conferences. He has also been recognized for his contributions to the industry, being named to Forbes’ “30 Under 30” list in the Finance category in 2018.

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Edward Moncada's Net Worth The Success Story of a Tech Entrepreneur

What Is Edward Moncada’s Net Worth?

Edward Moncada is a tech mogul and crypto trailblazer whose fortune was amassed through his pioneering work in the cryptocurrency industry. He has established multiple companies, such as Datablock and Blockfolio, which provide groundbreaking solutions for traders in this space. The most renowned of these ventures is Blockfolio – an app that allows users to monitor their portfolios and get up-to-date prices on thousands of digital currencies, all at the touch of a button since its launch back in 2017. In 2020, Blockfolio was obtained by FTX Trading Ltd. for a blockbuster sum of $150 million, exponentially propelling Moncada’s net worth to astonishing heights. The latest estimates put his total assets at an astounding $150 million!

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Debi Çakar

Debi Çakar

Financial Analyst I currently graduated from Bahçeşehir University with a double major in Economics & Finance and Industrial Engineering. I can say that my career experiences started after I enrolled at the university in a serious sense. I began my career working separately in the import and export units in the logistics sector; continued with leading marketing & communications, sales & project management efforts in the pharmaceutical industry; managing software, and design teams, transforming customers looking for digital solutions in the field of web and mobile applications, creating a new brand identity for them during my time working in a digital agency. In my free time, together with a friend and our investor, we started an e-commerce business on Amazon by selling in six different marketplaces in 2019; increased our monthly turnover up to $15k dollars; grew sales by an average of over 100% each month. We are not in operation at the moment, but I am doing market research for e-commerce again.

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