It would have been hard to beat last week’s Blowout Billions if it had not been for the $1B that flowed into Digital Asset and Blockchain Technology projects this week. NFT, Metaverse, DeFi, and Gaming by far were the winners as those sectors continue to gain attention from investors.
What can be sexier than crypto tax compliance and regulation? Okay, a lot. But for Jason M. Tyra, CPA, PLLC, it’s his job to help clients mitigate financial risk and maximize their return. When you find a resource with a vast knowledge base along with the ability to draw connections between areas of specialty to find the most optimal solution, then that in and of itself is sexy.
From companies raising money to funds, nearly $2B is going to work on Blockchain Technology and Digital Assets. However, not all the funds have been put to work. As you can see below, we have a lot of funding being set up. So they are in the process of raising the funds indicated. That said, over $1B is fully committed. This is CrAzY!
Emerging technologies are creating opportunities for greater equity within developing countries that produce the very commodities we consume and utilize on a daily basis.
The celebrated historian Niall Ferguson has issued a stark warning against crypto regulations and the attempts on the part of savage politicians to clamp down on the blockchain sector.
The world of fashion is quite incredible. Some people don’t mind paying big bucks for certain brand names or labels. In fact, many people would actually prefer to pay more money to know that their shirt or dress came from a label they love. And those labels aren’t cheap.
Another week in the books. We didn’t quite hit the $1B mark but got pretty close: $762MM. There was a consistent flow of cash into the new world of decentralized finance. Most of the big money will fund Digital Asset and Blockchain projects backed by two of the largest companies in the payment space: Paypal and Visa.