Short Takes: Fintech SPACs and VC funds, TikTok still dancing, $3B China Construction Bank blockchain bonds, DeFi trading & risk mgmt, CoverHound acquired, Niantic 3D maps the world

Hi Fintech Architects --

Welcome back to the subscribers-only letter! You are the best.

Here are the top updates hitting our radar:

  1. This fintech-focused VC firm just closed a $75 million debut fund (link here) and Mark Casady's upside for making his SPAC click is head-spinning because the IPOs will keep flying out the door (link here)

  2. US government says it won’t enforce TikTok shutdown after court ruling (link here)

  3. DeFi risk management protocol UNION raises $3.9 million (link here)

  4. Ethereum blockchain data startup Blocknative raises $5 million in new funding (link here)

  5. China Construction Bank sells US$3 billion worth of debt on blockchain (link here)

  6. DeFi protocol Balancer raises seven-figure sum via a token sale (link here)

  7. Online SME Lender FundingCircle Acquires £30 Million from British Business Investments (link here)

  8. Railsbank Scores $37 Million in Growth Funding Investment Co-Led By MiddleGame Ventures & Ventura Capital (link here)

  9. Fintech firms must behave like banks, China regulator sa…

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