Short takes: Jack Ma alive; UBS placing $400MM in Paytm; Curve closes $95MM; Coinbase acquires Bison Trails for $80MM+; Anchorage is a bank; Expose on USDT in Bitcoin

Hi Fintech Architects --

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

Here are the top updates hitting our radar:

  1. Jack Ma makes his first public appearance in months (link here) and Global investors including Credit Suisse and BlackRock in $10B limbo after Ant IPO torpedoed by Beijing (link here)

  2. UBS in talks to invest $400 million in India's Paytm (link here)

  3. Curve says closing its new $95M Series C funding will put it on track for a US launch (link here)

  4. Altruist Raises Funding, Adds to Board of Directors to Accelerate Efforts to Disrupt Custodial Offerings for Advisors (link here)

  5. Rho, a startup bank aimed at high-growth businesses, raises $15M Series A led by M13 Ventures (link here)

  6. The Bit Short: Inside Crypto’s Doomsday Machine (link here) and Counter argument (link here)

  7. In a first for the crypto industry, Visa-backed Anchorage gets a federal bank charter (link here) and Coinbase acquires crypto builder Bison Trails, deal reported to be above $80M (link here)

  8. DeFi Bit…

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