Quote To Start The Day: "Patience is a virtue, and I'm learning patience. It's a tough lesson.”
Source: Elon Musk
One Big Thing In Fintech: One of the major reasons the NFT trend is so spectacular is because it transforms the value proposition for creators. Instead of enlisting a publisher, gallery, or record label to monetize creative works, artists can carve out a larger slice of the total pie. This paradigm shift also breaks down the traditional stratification between consumers and creators.
Other Key Fintech Developments:
Horizon, Dash team on blockchain.
Flink raising for financial inclusion.
BBVA’s Aqua enters Latin America.
Douugh added a new robo advisor.
Cloud adoptions will remain robust.
Neobank Nerve caters to creatives.
Citi lays groundwork for BTC trade.
F10 added new fintech accelerator.
Binance not capable of supervision.
South-East Asia fintech landscape.
Cosaic adds new no-code platform.
BoA granted record patent number.
Bloomberg finishes index rebrands.
FinTech Frontier adds new partner.
Paradigm leads Series A for Euler.
MovoCash expands fund transfers.
Coinbase deploys Solarisbank KYC.
NatWest launches new renters app.
Balance secures a $25M Series A.
Fiserv striking up new partnerships.
Visa and Ascenda team over APAC.
Everyware added new certification.
Watch Out For This: Commercial real estate, given a multiyear boom in demand, may offer investor portfolios diversity and income.
In unpacking commercial real estate as an investment, Tom Zuber of Zuber Lawler led a Benzinga Reopening Stocks Summit conversation between Ian Selig of Safehold Inc and David Auerbach of World Equity Group.
OnlyFans axes its content decision.
China stock concerns get dismissed.
How Cook grew Apple over tenure?
Could COVID lead to autoimmunity?
Market Moving Headline: “Even if the central bank were to complete tapering by August 2022, as JPMorgan expects, there may still be an additional $850 billion to $1 trillion of additional liquidity injected into the financial system.”
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