Fintech Focus For November 15, 2021

Quote To Start The Day: “People are very focused in a world of new ideas and new creations. I love that part of America, [but] … I worry that some of this passion has been misplaced when it comes to cryptocurrencies."

Source: Ken Griffin

One Big Thing In Fintech: Real estate investment app NYCE announced its intent to IPO a 101-unit housing complex — “Philicon Square” — at Temple University, as well as launch live trading for cryptocurrencies.

Here’s more on the developments and why they matter.

Source: Benzinga

Other Key Fintech Developments:

• Wrapbook added $100M round.
• Keyway secures a $15M round.
• Volt launches, eyes fast growth.
• A BBG Terminal for real estate.
• Yieldstreet adds platform for art.
• SoFi CEO on future of fintechs. SOFI
• Saddle raises $7.5M in funding.
• FTSE intros digital asset offers.
• Paysafe reported bleak forecast. PSFE
• Evergrow adds $7M seed raise.
• Visa intros an eco benefits offer. V
• True Wind secures fintech fund.

Watch Out For This: The City of Miami will soon give out a “bitcoin yield” from the staking of its cryptocurrency to its citizens, Miami Mayor Francis Suarez announced.

Source: CoinDesk

Interesting Reads:

• Crypto prime brokerage service.
• Data quickly reforms real estate.
• Crime, politics, and open outcry.
• Pfizer won’t share vax formulas. PFE

Market Moving Headline: Elon Musk, the world’s wealthiest person, began his Sunday sparring with U.S. Senator Bernie Sanders, who tweeted a day earlier that “we must demand that the extremely wealthy pay their fair share.” Musk even raised the notion of selling more of his Tesla Inc TSLA shares, which would require him to pay taxes on the gains.

Source: Bloomberg