The buyout that caught my attention this week involved fintech wealth management firm Wealthfront. UBS — the largest private bank globally — bought it for $1.4 billion. The acquisition got plenty of press. Several articles focused on the low buyout price. For venture capital (VC) firms…
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China has a complicated relationship with crypto. The Chinese government continues to promote the use and development of blockchain, but crypto trading is still banned in mainland China.…
Crypto Market Musings It’s been a relatively calm week for crypto. Bitcoin is up 1.73% over the last seven days as of this writing. Ethereum is up 3.54%…