June 26, 2023

Equity Monday: Crypto ticks higher, fintech gets interesting again and fraud is still bad

8 minutes

Here's the rundown for the very last Equity Monday of Q2 2023:

Crypto's mini-boom in the last week comes after a brutal few weeks of negative headlines; for the crypto-faithful, it must be a breath of fresh air.

Startups: IRL was a digital fraud, Vanta is a unicorn to watch after quick ARR growth and a resulting valuation has grown into, and TreasurySpring is riding a changing macroeconomic climate to rapid fintech growth.

As Amazon pledges more investment in India, we're seeing a lot of other big economic pieces move. Other American companies are pledging big dollars to the country as Japan looks to buy one of its domestic chip companies, and American investors are putting capital into their own domestic silicon players.

Finally, Apptio is selling to IBM for $4.6 billion.

Whew! That's a lot, but we had a good time and will see you back here on Wednesday!

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Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

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