Shifting from Institutions to Retail Clients -- NYSE direct listings and Central Bank digital currencies; plus 12 short takes on top developments
lex.substack.com
Hi Fintech futurists -- In the long take this week, I look at the similarities between the NYSE building out direct listing products to augment or replace IPOs, and Central Banks considering launching consumer-facing digital currencies. In each case, the value chain of the respective financial sector is compressing, as the underlying manufacturers of financial product move closer to the consumer. I also highlight how a few blockchain-native alternatives to trading and rebalancing software are developing, and the reasons to get excited about things like Set, Uniswap, and Aragon.
Shifting from Institutions to Retail Clients -- NYSE direct listings and Central Bank digital currencies; plus 12 short takes on top developments
Shifting from Institutions to Retail Clients…
Shifting from Institutions to Retail Clients -- NYSE direct listings and Central Bank digital currencies; plus 12 short takes on top developments
Hi Fintech futurists -- In the long take this week, I look at the similarities between the NYSE building out direct listing products to augment or replace IPOs, and Central Banks considering launching consumer-facing digital currencies. In each case, the value chain of the respective financial sector is compressing, as the underlying manufacturers of financial product move closer to the consumer. I also highlight how a few blockchain-native alternatives to trading and rebalancing software are developing, and the reasons to get excited about things like Set, Uniswap, and Aragon.