Alternative asset investing: the multitrillion-dollar opportunity 🤑; Super Bowl 👉 Crypto Bowl 👉 FinTech Bowl 🏈; Lightning Network just hit the Bitcoin record. But does it matter? 🤔
FinTech is Eating the World, 8 February
Hey Everyone,
Happy Wednesday! Today’s issue is undoubtedly the best one this week 💣 We’re going to look at alternative asset investing (& why it’s the multitrillion-dollar opportunity you cannot ignore), Super Bowl that’s going to be crypto-free (& why FinTechs should leverage that), and Lightning Network’s recent Bitcoin record (does it matter?). Let’s jump straight into the incredible stuff 🌶
Alternative asset investing: the multitrillion-dollar opportunity 🤑
Following the money 💸 As investing in stocks and bonds is becoming more and more mainstream while crypto and NFTs are currently in winter mode, more sophisticated investors are increasingly looking for alternative ways to park their cash.
Hence, more and more money is flowing into alternative asset investing. The good thing is that it’s no longer available only for the super-rich, and now there’s a new platform that promises some interesting diversification.
More on this 👉 UK FinTech Darksquare just raised £260,000 and is planning to go live this quarter, as per Sifted. Here’s what it’s all about:
It wants to make assets like distressed credit, forestry, renewable energy projects, and real estate available to retail investors.
The minimum tickets will be £2,000-£5,000 (i.e. Moonfare has a €50k minimum ticket size).
Users will have to self-certify as sophisticated investors.
Darksquare will take 1% upfront from individuals and a 1% annual management fee on a project basis. But that 1% annual management fee won’t be taken as cash. Instead, it’ll take 1% ownership of the asset each year.
Why it matters? 🤔 Alternative asset investing is a multitrillion-dollar opportunity. Given the current macro headwinds, it could be one of those FinTech verticals that’s recession-proof. Let’s take a look.