Stock-Trading App Robinhood Valued at $7 Billion Robinhood recently closed a $200m round of funding. The trading app also announced this week that Robinhood Crypto was officially live in New York, allowing residents in the state to invest in cryptocurrencies on the app. The capability is now available in 39 states.
Massachusetts Seeks Comments for Its Own 'Fiduciary Rule'
"The Office of the Secretary of the Commonwealth said the SEC's Reg BI fails to protect investors with a fiduciary standard for brokers, and so it's looking to impose one of its own," Michael Thrasher
Bitcoin & Ethereum Now Accepted At Whole Foods
"The Flexa app Spedn essentially serves as an intermediary between a user’s cryptocurrency wallet and a retailer like GameStop. When a user makes a purchase at a participating retailer, Spedn generates a QR code that can be scanned at the register. The merchant is then paid in dollars, and the cryptocurrency equivalent is automatically deducted from the user’s digital wallet." Wayne Duggan via Benzinga.com
Fiverr shares climb 90% in first day of trading
Freelance marketplace Fiverr had a successful first day on the New York Stock Exchange. The company priced its IPO at $21 per share last night, raising around $111 million. It then started trading this morning at $26, with shares climbing for most of the day and closing at $39.90 — up 90% from the IPO price.
Traveling w/ the Digital Wealth Planner
I had the opportunity to explore NYC with my son and of course we visited Wall Street, here he is on the bull!
Pictured with the Exponential ETFs team at their Detroit office, Phil Bak, Charles Ragauss and Josh Bleachman: managers of $RVRS and $ACSI
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