Joining the ranks of unicorns

Returning to in-person experiences in February: for more information. Alumnus crypto service CoinTracker valued at US $1.3-billion following new funding round A startup company co-founded by a Waterloo Engineering alumnus to help people manage their cryptocurrency investments has joined the ranks of unicorns. CoinTracker , an online service based in San Francisco, recently announced a US $100-million funding round that gives it a valuation of US $1.3 billion. Company co-founder and chief executive officer Jon Lerner, who was born in Russia and grew up in Ottawa, graduated from Waterloo in 2010 with a degree in computer engineering. "CoinTracker and its investors have a shared mission of increasing the world's financial freedom and prosperity," Lerner, who previously co-founded mobile application TextNow with classmate Derek Ting while they were both still students, said in a media release. Tracking crypto portfolios. Launched in 2017, CoinTracker allows consumers to track their crytpo portfolios across exchanges and wallets, helping them see their market value, investment performance, transactions and taxes.