Just a year ago now, Coinffeine was one of the Bitcoin startups selected to participate in the CoinSummit in London. It was the first major international event in which we presented our proposal for a distributed Bitcoin exchange. This was shortly after we became the worlds first company to be established with bitcoins. Months later we had the opportunity to travel to Silicon Valley, being selected by the ICEX to participate in the first STC Immersion program. That trip coincided with the news that Bankinter invested in Coinffeine, becoming the first bank in the world to invest in a Bitcoin company. We returned to the United States, this time to New York, earlier this 2015. At that time Coinffeine was selected by the VentureOutNY to participate in its acceleration program. Days earlier, Coinffeine had organized a meetup in Madrid that launched the private testing of our Trial version. This week, just few days away from the release of our Beta in 70 countries, Coinffeine has once again been selected, along with four other Fintech startups, to participate in Finnovista Pitch Day, held in Madrid.
Alberto, our CEO, picked up the microphone once again to present Coinffeine to an audience of investors and financial industry professionals. And we will not deny that presenting at home and in Spanish, makes it all more real, closer and more unique. To be the first distributed P2P exchange that enables to buy and sell bitcoins is a milestone in the ecosystem. But not less important is the fact that Coinffeine is about to enter, from day one, in 70 countries. Our commitment to peer-to-peer technology was something highly valued in the event. It offers a replicable business model, and it makes an international expansion totally unknown in the Bitcoin industry a reality.
We understand these events as recognition of the work we do on a daily basis and a strong belief in our company. The direct contact with investors, mentors, personalities from the financial industry and other entrepreneurs, such as PayThunder, have accompanied the development of Coinffeine as a company and have helped us with feedback to outline Coinffeine’s future. A future that we believe is viewed as very promising by many.
One of the mentors of Finnovista Pitch Day was Antonio Herráiz Molina, who currently works as Director of Financial Innovation and Technology at the Instituto de Estudios Bursátiles (IEB) and BBVA (Digital Innovation Bank). Herráiz have said that Coinffeine “will soon become one of the Bitcoin startups of global benchmark. Its decentralized, open and secure technology means it has all the ingredients to become the reference exchange for bitcoins in several countries”.
You can have a look at Alberto’s presentation.