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#FinTech Friday Ep7: Facebook’s Crypto Play, PayPal is Pinterested, acronym of the week #ETF
- Facebook’s Novi Crypto Wallet
-
- https://www.protocol.com/fintech/facebook-novi-wallet
- Announced with Coinbase as custodian, and Paxos’ USDP stablecoin
- Originally intended to launch with Diem
- Immediately prompted legislators to call on Facebook to halt the pilot
-
- Timing is bad with whistleblower and Facebook Oversight Board issues
- Facebook’s metaverse rebrand
-
- https://www.theverge.com/2021/10/19/22735612/facebook-change-company-name-metaverse
- PayPal is Pinterested
- https://www.reuters.com/technology/paypal-looking-buy-digital-pinboard-site-pinterest-bloomberg-news-2021-10-20/
- Super App aspirations. Pinterest is great for product discovery.
- Commerce play
- Acronym of the week: ETF
- Exchange Traded Fund
- First bitcoin ETF: ProShares Bitcoin Strategy
- Bitcoin futures contracts
- Indication of more cryptocurrency financial products to come
- What’s coming up?
- Money 20/20 happening next week in Vegas.
-
- Not attending but have briefings set up and expect some good announcements
- Next podcast take a look into the CFPB probe into big tech in regards to payments and super apps data
View all episodes
By Moor Insights & Strategy analysts- Facebook’s Novi Crypto Wallet
-
- https://www.protocol.com/fintech/facebook-novi-wallet
- Announced with Coinbase as custodian, and Paxos’ USDP stablecoin
- Originally intended to launch with Diem
- Immediately prompted legislators to call on Facebook to halt the pilot
-
- Timing is bad with whistleblower and Facebook Oversight Board issues
- Facebook’s metaverse rebrand
-
- https://www.theverge.com/2021/10/19/22735612/facebook-change-company-name-metaverse
- PayPal is Pinterested
- https://www.reuters.com/technology/paypal-looking-buy-digital-pinboard-site-pinterest-bloomberg-news-2021-10-20/
- Super App aspirations. Pinterest is great for product discovery.
- Commerce play
- Acronym of the week: ETF
- Exchange Traded Fund
- First bitcoin ETF: ProShares Bitcoin Strategy
- Bitcoin futures contracts
- Indication of more cryptocurrency financial products to come
- What’s coming up?
- Money 20/20 happening next week in Vegas.
-
- Not attending but have briefings set up and expect some good announcements
- Next podcast take a look into the CFPB probe into big tech in regards to payments and super apps data
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