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. (NASDAQ: SOFI)
• Saddle raises $7.5M in funding.
• FTSE intros digital asset offers.
• Paysafe reported bleak forecast. (NYSE: PSFE)
• Evergrow adds $7M seed raise.
• Visa intros an eco benefits offer. (NYSE: 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. (NYSE: 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 (NASDAQ: TSLA) shares, which would require him to pay taxes on the gains.

Source: Bloomberg