Celsius is one of the largest centralized gateways to crypto. It raised $864m of venture capital and at one point custodied over $3 billion of funds for 1m+ customers. As of today, it appears insolvent, and it's taking the whole crypto market with it. The Celsius Thread: 👇

The most digital private banks in #Switzerland: A small group of private #banks dominates the others in the survey. The digital performance of Swiss private banks along 30 metrics in 4 categories by Colombus Consulting Consulting: en.colombus-consulting.com/publications/d… #WealthManagement #WealthTech

Shift towards 'enhanced' digital #wealth advisory approach: Improved client and advisor experience with personalised, direct-to client omni-channel proposition. Credit Suisse digital #PrivateBanking: credit-suisse.com/about-us/en/ev… #WealthManagement #CustomerExperience #WealthTech

Here's what it "costs" to place a "free" trade on a zero commission brokerage according to new research by 5 finance professors. 0.07% @TDAmeritrade 0.20% E*TRADE from Morgan Stanley 0.23% Fidelity Investments 0.31% Robinhood 0.44% Interactive Brokers papers.ssrn.com/sol3/papers.cf…

1/3 Today we announced that together with UBS we decided to terminate our pending acquisition and will instead remain an independent company. We are continuing to explore ways to work together in a partnership and UBS has given us $70 M in financing at a $1.4 B valuation.

1/Wealthfront-UBS speaks volumes about something many people don’t understand—the difference between buying a business vs. investing in a business at a certain valuation. Why would UBS be willing to do one but not the other?

We’ve put together an awesome analysis of the key factors around the #Eth #merge at Consensys.eth One of my favorite graphs shows the scale of the network relative to Visa — bigger this year Check out the full article here consensys.net/blog/metamask/…

And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.

Ranks of #millionaires to expand nearly 40% by 2026: Private #wealth grew strongly in 2021, but so far this year has been a challenging one. Even so, the number of HNWIs will increase sharply within the next years. 🆕Credit Suisse #GlobalWealthReport: credit-suisse.com/about-us/en/re…

As🇨🇭Swiss new EAM #regulation deadline looms, #banks and others eye big changes: 100s of external asset managers may vanish through closure, merger, or sale as new Swiss regime comes into effect from January 1st 2023. WealthBriefing: wealthbriefing.com/html/article.p… #WealthManagement

Unsere Mitglieder erzählen, was #Frankfurt Rhein-Main an #Weihnachten für sie persönlich ausmacht.🎄 Danke an Ulrike Bischoff von @Helaba, Ralf Heim von Fincite, eddavogt von Deutsche Börse und FMF-Präsident Gerhard Wiesheu von Bankhaus Metzler! Einen schönen 4. Advent🕯️

You have to imagine Larry & Sergei are realizing that, in this Act, Google is playing Bell Labs and Microsoft is still playing Microsoft

#WealthManagement trends: 21 trends, grouped in the 3 categories Alternative Assets, Mass Personalisation and Frictionless Experience. #WealthTech Radar 2023 by Fincite: fincite.de/en/wealthtech-… HT Ralf Heim!

We did not find a #WealthTech Event in Germany - so Fincite created one. Invite-only. We will have 100 selected guest from Private Banking, Investment Advice, Family Offices and Asset & Wealth Management. In case you contact us via pm.

🇺🇸#Acorns acquires 🇬🇧UK GoHenry, a fintech focused on 6- to 18-year-olds: US-based savings and investing startup Acorns has acquired London-based #GoHenry, a startup providing money management and financial education services to 6- to18-year-olds in an all-equity deal.

“OK Reed, I’ve got another one. Personalized shampoo!” Reed shifted his eyes from the road to glance over at me. He raised his eyebrows quizzically. “No, this is a good one,” I assured him. “We’ll have people cut off a lock of their hair. They’ll mail it to us, and our team of

#CustomerExperience in wealth management. Digital #WealthManagement Features Radar by Mobiquity Inc: mobiquity.com/insights/digit… #WealthTech

Classic startup problems at Vise: 💰 too much money 🏢 too little industry experience 🚨 no product market fit 💸 poor financial oversight Vanity metrics like $$ raised, employees hired & valuation aren't drivers of a good business. tinyurl.com/yeyta7wu

🟡 Another example (if need) that: "tech giants will never enter [insert whatever industry you're in]" until... they do !?

BIG NEWS! @ENVintel to be acquired by Bain Capital Ventures for $4.5 billion -- A thread 🧵 This has been talked about for years and finally come to fruition. A few thoughts: 💰 If Bain did this deal last November, the price would have been only half as much 1/x newsroom.envestnet.com/2024-07-11-ENV…