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. (NEO: 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. (NYSE: SQ)

• Axie Infinity launches exchange.

• AscendEX announces Series B.

• IBKR adds IMPACT mobile app. (NASDAQ: 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. (NASDAQ: COIN)

• FTX, Solana, and more partner.

• Spend crypto as cash with Slide.

• Bakkt plans to intro ETH trading. (NYSE: 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. (NASDAQ: 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

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