Coyno launches its beta version

Coyno, a Berlin-based startup, aspires to become the Mint.com of bitcoin with a user-interface that envisages transactions and holdings across a range of wallets.

The company has launched a beta version of its platform, enabling customers to link wallets from Coinbase, Electrum, Trezor and three other wallet providers.

After the connection between the wallets and Coyno has been established, users will be able to see a chart showing the net worth of all the linked wallets over time, the transactions carried out across the wallets and a list of holdings in the various storage platforms.

Co-founder Erasmus Hagen said the recent development is crucial for greater adoption of bitcoin.

"[Current] wallets are nice, but just look at a bitcoin address. When I look at my phone wallet, it's impossible to remember what [transactions] happened at the time unless I write it down. Just to have a graphical representation, to help you use bitcoin the right way, is going to be absolutely crucial to mainstream adoption", he said.