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Publisher Notes For 3/17/21

Greetings from Digital Wealth News™ ! Happy St. Patty's Day from Digital...

With The Bang Of An Auctioneer’s Gavel, NFTs Burst Into The Zeitgeist

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While crypto art has been around in various forms since 2015, the medium made a huge splash last week at Christie’s in New York as “Everydays: The First 5,000 Days” by Beeple sold for $60.25 million at auction, which cost the buyer $69 million when Christie’s buyer’s premium is included. That makes “Everydays” as the most valuable piece of digital art to be sold at auction thus far.

When Goldman Sachs Smells Money, Take Note

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Recognizing the potential for an explosion in customer demand for bitcoin, Goldman Sachs is re-entering a sector they exited just a couple years or so ago by relaunching its cryptocurrency trading desk, thus allowing them to deal Bitcoin futures and non-deliverable forwards to clients.

Top 5 VC Deals of the Week in the Digital Wealth Sector (3/17/21)

We're back this week with FIVE $100M+ VC deals, and the top one - BlockFi - at $350M

Fintech Luminaries – Meet Matt Wolniewicz of Income America

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For the next feature in our Fintech Luminaries series, we’d like you to meet Matt Wolniewicz of Income America, which is designed to provide participants with guaranteed lifetime income of 5% per year beginning at age 65
Press Release 1

Envestnet Announces Acquisition of Technology Solutions Provider Apprise Labs

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Envestnet (NYSE: ENV) announced today it has acquired technology from Apprise Labs to advance Envestnet's roadmap to deliver a reimagined client portal experience that will focus on helping clients achieve financial wellness through deeper connections with their advisors.
Press Release 2

Investment Banking & Trading Services Market to Reach $520.02 Bn, Globally, by 2027

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Rise in huge financial challenges among investors, & other external forces that compels a business to arrange finances for their business expansions has worked as the major factor driving the growth of the global investment banking & trading services market.
Press Release 4

Pagaya Expands With $900 Million Pre-Funded Consumer Credit Deal

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-Pagaya, a global financial technology company, today announced the expansion of the Pagaya AI Debt Selection Trust (PAID) shelf with $900 million committed
Press Release 3

Skience Launches Advisor Transitions Solution

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Skience, a leading digital enablement solution and consulting provider, today launched its Advisor Transitions Solution, a new tool that streamlines, digitizes and simplifies the process by which advisors changing wealth management firms can transfer client assets to a new platform.

WEALTHTECH INSIDER: Orion Announces Acquisition of Risk Analytics and Business Intelligence Platform, HiddenLevers

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Orion Advisor Solutions has announced the acquisition of Atlanta area-based wealthtech firm HiddenLevers, a risk analysis, investment process, and executive oversight platform serving the asset management and wealth sectors.