While public attention remains focused on high-profile legal activity against symbolic leaders like Sam Bankman-Fried, other—more compliant—actors remain focused on recovering the sector’s status and helping it grow sustainably and transparently.
Read MoreJonathan Chen, Nitra’s Founder and CEO, said his startup was not immediately affected by SVB’s woes, but friends’ startups were.
Read MoreRouter Protocol CEO and Co-Founder Ramani Ramachandran expects current banking woes to catalyze another wave of crypto-based innovation, particularly around crypto-backed stablecoins.
Read MoreTo Milind Mehere, Yieldstreet’s Founder and CEO, the company provides access to successful investment vehicles that are typically out of reach for everyday investors.
Read MoreThe introduction of innovative technologies brings exciting new opportunities—as well as the potential for unforeseen consequences.
Read MoreIn anticipation of political assistance to meet decarbonization goals, three fintech products are establishing their place in the market, and demonstrating the potential for products that solve for wealth and ecology.
Read MoreAccording to Amr Samaha, Tykes’s Co-Founder and COO, the founding team approaches Tykes as a way to fill a real estate knowledge gap in the market. Individuals and institutions alike—namely proptech giants like Zillow—have a hard time breaking into property investment and management, in part because of strategic information-based shortcomings.
Read MoreTrading platform Robinhood announced the release of a beta version of its web3 wallet. The wallet will be available to 10,000 test users before being released to the public in May.
Read MoreStarbucks announced that it will launch Starbucks Odyssey, an NFT-based rewards program and marketplace. Rewards members can buy and sell NFTs to each other and gain access to exclusive rewards, like virtual classes and trips to coffee plantations.
Read MoreMeta CEO Mark Zuckerberg recently appeared on The Joe Rogan Experience, a prominent podcast, to promote the metaverse. The podcast has a mostly male audience, and averages 11 million listeners per episode.
Read MoreReporting by Bloomberg suggests the crypto sectors’ peak market cap of $3T may have been misleading. Crypto’s value now hovers around $1T.
Read MoreIn late July, West Virginia State Treasurer Riley Moore announced that BlackRock, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo were no longer eligible to receive state banking contracts because they “engaged in boycotts of fossil fuel companies” through their ESG policies. The measure does not ban the banks from operating in West Virginia.
Read MoreOver the past 18 months, crypto companies have spent more than $2.4B on sports marketing, namely ads and sponsorships. Though crypto’s push into sports sponsorships has slowed down since the onset of the crypto winter, some crypto firms are still doubling down on big-budget deals.
Read MoreBlackRock announced that its customers also using Coinbase will have access to the crypto exchange’s Prime program, a crypto trading platform for institutional investors. Shares in Coinbase were up 31% in early trading today.
Read MoreIn an interview with CoinDesk, Antonio Garcia Pascual, Deputy Chief of the Global Market Analysis Division at the International Monetary Fund (IMF), said crypto’s nosedive hasn’t caused a similar downturn in the “real economy.” The crypto sector’s market cap has slid from $3T to $873B since November 2021.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
