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After a robust first quarter in which fintech startups gripped the headlines for unprecedented VC fundraisings, the momentum continues. Last week was no exception — including a multi-billion dollar exit for a Utah-based fintech unicorn. In addition, fintech firms are raising capital at a dizzying pace in emerging markets, while they have also moved into the conversation for one of the hottest niches in crypto — central bank digital currencies (CBDCs.)

Feeling sad you missed out on the big money making run up in crypto? Outbid for that digital art NFT? Not invited into that SPAC that just merged with Elon Musk's spaceship? Well, don't despair. There is HUGE money in New Jersey delicatessens.

Try being Janet Yellen. Yes J-Yell, the new U.S. Secretary of the Treasury, certainly has her hands full. She is attempting to convince investors that printing gobs of money is non-inflationary and also convince global nations joining the U.S. in raising taxes is really good for them.

We all know the expression "where there's smoke there's fire," right? Well if you follow events at Robinhood (the commission free stock trading platform) you might feel you are following an arsonist. Fires just seem to continually pop up all around them and the smoke keeps billowing up.

It looks like the Chairman of the Federal Reserve, Jerome Powell (or, JPow), and his new "sidekick" Treasury Secretary Janet Yellen (JYell?) have realized they may have a big problem on their hands.

Just last week the rock band Kings of Leon released their latest album in the form of a NFT, becoming the first band to ever do so.

In what is surely a MOST uncanny coincidence, two major fintech SPAC deals were recently announced at $5 Billion dollar valuations First, what are the odds, and second, HOLY CANNOLI, that's a lot of money.

Greetings from Digital Wealth News™ ! Happy Wednesday from Beautiful Montana! ...

Today, we are pleased to announce the next chapter in our growth at Digital Wealth News, with the launch of our new podcast series Dwealth Muse, plus more great new content this week. Check it out here!

While regulators, lawyers, politicians and investors begin to sort out exactly what happened in this debacle, one thing is abundantly clear. Some people made a LOT of money with the recent GameStop trade and a lot of people LOST a lot of money