Fintech Focus For November 8, 2021

Quote To Start The Day: “When you’re starting a company, capital is oxygen.”

Source: Jordan Fried

One Big Thing In Fintech: Immutable Holdings Inc. HOLD, a company seeking to democratize blockchain investing, began trading on the Canadian-based NEO Exchange.

In light of this occasion, Benzinga spoke with Immutable’s chairman and CEO Jordan Fried about his efforts to improve access to blockchain equity.

Source: Benzinga

Other Key Fintech Developments:

• Tern hones fintech-as-a-service.
• Botkeeper adds $42M Series C.
• Cash App opens to teens 13-17. SQ
• Axie Infinity launches exchange.
• AscendEX announces Series B.
• IBKR adds IMPACT mobile app. IBKR
• BIFROST adds the Biport Wallet.
• Ualá plans to buy Mexican bank.
• Quartr secures $4.5M in a seed.
• Afterparty raised $3M in funding.
• Coinbase tries subscription offer. COIN
• FTX, Solana, and more partner.
• Spend crypto as cash with Slide.
• Bakkt plans to intro ETH trading. BKKT
• Meet Trii, the LatAm Robinhood.
• TomoCredit eyes the credit poor.

Watch Out For This: New York, San Francisco and Los Angeles have the largest shares of crypto hires this year, followed by the Miami and Chicago metropolitan areas, according to a new ranking based on LinkedIn data.

Source: Bloomberg

Interesting Reads:

• Big tech invades futures trading.
• Rap festival is probed by police.
• Starbucks union vote a big deal.
• Musk to sell $21B in Tesla stock. TSLA

Market Moving Headline: “We are now coming into a stronger period seasonally for shares and the combination of improving global growth and earnings, vaccines allowing a more sustained reopening and still low-interest rates augurs well for shares over the next 12 months.”

Source: Diana Mousina