Stablecoin infra M&As mark new era for digital finance 💸📈; DraftKings’ strategic pivot, or why prediction markets have arrived 📊💰; OpenAI now wants to replace investment bankers with AI 😳🤖

FinTech is Eating the World, 24 October

Hey Everyone,

Good day & happy Friday! Today, all eyes are on stablecoin infrastructure consolidation, which signals a new era for digital finance (quick look at the most interesting M&As that just happened, what they tell us & what to expect next + bonus list of the ultimate stables resources inside & M&A templates that could save you a lot of $$$), DraftKings’ strategic pivot, or why prediction markets have arrived (what happened & why it matters + bonus reads on prediction markets inside), and OpenAI that now wants to replace investment bankers with AI (what’s happening & why you should care + bonus dive into $500B AI giant’s push into agentic commerce & the agentic AI survival guide inside). Let’s jump straight into the awesome stuff 🌶️

Stablecoin infrastructure consolidation signals new era for digital finance 💸📈

Following the money 💸 We all know that money never sleeps. Turns out, the velocity of this in the FinTech & stablecoin space is completely different… 🤑 Three recent acquisitions we just witnessed perfectly underscore the rapid maturation of stablecoin infrastructure and its integration into mainstream finance.

Fireblocks, the digital asset custody giant, acquired wallet orchestration provider Dynamic for $90 million, while Aave Labs purchased consumer DeFi platform Stable Finance, and Modern Treasury acquired stables payment processor Beam for $40 million in an all-stock transaction.

Let’s take a quick look at this, understand why these M&As matter, and what this means for the future of FinTech & Finance.