Happy Friday!
Fasanara has a front row seat to the evolving asset class of Fintech Lending and investing in the Digital Future. We’re constantly assimilating information, speaking with innovators, and developing our theses. Here’s a selection of important topics Fasanara has been discussing internally.
In this edition:
Turning Technologies into New Sources of Global Growth: World Economic Forum
Fintech Stocks Lag Behind the Rest of the Market
Real World Assets and the Road to Tokenisation
FTX Pre-Mortem Overview (by Sam Bankman-Fried)
Finding an Edge in Digital Assets: Nikita Fadeev speaks to Jordi Alexander.
Turning Technologies into New Sources of Global Growth: World Economic Forum.
The advent of the Fourth Industrial Revolution has led to wide-ranging opportunities from advanced technologies for business and government. In recent decades these technologies have often failed to deliver the promised game-changing results for the benefit of society, but there is growing evidence that dynamic governments and purpose-driven businesses are willing to shape a new era of public-private cooperation. A proactive approach and greater strategic planning are now required in order to create the “markets of tomorrow” that meet key societal needs.
Fintech Stocks Lag Behind the Rest of the Market.
It’s almost impossible to read about the stock market in 2022 without seeing how much some of the biggest public companies have dropped in value. Tech giants like Apple and Microsoft have seen share prices dwindle while soaring inflation and aggressive rate hikes have led to concerns over a potential recession. Despite the terrible results in the tech space, the fintech space has managed to have a worse year.
Real World Assets and the Road to Tokenisation.
As much of the retail investment community pulled back from cryptocurrencies during 2022, a year that saw Bitcoin and Ethereum prices drop 65% and 67.7% and countless other cryptocurrencies evaporate completely, the institutional finance community has stepped up their plans for implementing blockchain and DLT in their existing businesses. If 2021 and 2022 were the years for cryptocurrencies in the realm of digital assets, 2023 may become the year for tokenized real-world assets (RWAs).
FTX Pre-Mortem Overview (by Sam Bankman-Fried).
In a must-read, fallen crypto founder Sam Bankman-Fried wrote a report on a popular platform offering an elaborate defence of his actions.
Finding an Edge in Digital Assets: Nikita Fadeev speaks to Jordi Alexander.
Nikita Fadeev, Parter and Head of Fasanara Digital, speaks with Jordi Alexander, the Chief Investment Officer of Selini Capital, a digital assets investment firm, as well as an Angel investor and advisor to tech and crypto startups. He has competed at the highest levels of strategy games competitions and transitioned from professional poker into a successful career in High Frequency Trading.
Thanks for your attention.