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Currency.com’s Power Move
expansion in the U.S. with a big focus on regulatory approval.
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
🔹 Robinhood’s stock tokens stir the pot with OpenAI.
🔹 Currency.com quietly lines up a 50-state crypto takeover.
🔹 Fintech VCs weigh in on tokenization drama.
Robinhood is offering “stock tokens” tied to private companies like OpenAI. OpenAI says, “Hold up, that’s not equity.”
🚨Breaking News:
OpenAI called out Robinhood for offering exposure to its stock without permission. EU regulators are now digging into the deal.
⚡Wire Simplified –
OpenAI says Robinhood's tokens don’t represent real equity and were never approved
CEO Vlad Tenev replied, “It is true these are not technically equity”
He added, “What’s important is that retail customers get exposure”
Lithuania’s central bank is reviewing the legality and clarity of the product
Tenev said they “built this program to withstand scrutiny” and expect questions from regulators
✔️Straight to the Point:
Robinhood wants retail investors to access buzzy startups. But OpenAI and EU regulators are now questioning how "real" that access is.
🎤 Do you trust tokenized stock products like these? |
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Currency.com, a global crypto exchange, just hired two new execs to lead its charge across all 50 U.S. states.
🚨Breaking News:
Enrico Serafini and Dave Ackerman will lead Currency.com’s expansion in the U.S. with a big focus on regulatory approval.
⚡Wire Simplified –
Currency.com has licenses in 31 states and wants full U.S. coverage
Serafini is now U.S. CEO and Ackerman is COO
Ackerman brings deep compliance experience from Nval, MobileCoin and others
Serafini has a defense and healthcare tech background
This follows a recent leadership shake-up and acquisition
✔️Straight to the Point:
Currency.com is going all in on U.S. growth. With fresh leadership and compliance chops, it’s betting big on American crypto users.
Robinhood is the story of the year in the public markets:
Net revenue up 58% to nearly $3B;
$500M loss in 2023 to a $1.1B profit in 2024.
Stock’s up roughly 4x, lifting market cap to north of $80B (~150% YTD growth; 300%+ surge in 52 weeks!).🔥
I have the main man
— Harry Stebbings (@HarryStebbings)
8:19 PM • Jul 8, 2025
You could own 5% of a tech startup that eventually sells for $200M
Yet, you could walk away with absolutely nothing from the sale
Here's why you should always ask these 5 questions about any equity you get granted in a startup:
— Ankur Nagpal (@ankurnagpal)
12:12 PM • Jul 8, 2025
APAC FinTech Forum 2025
This event dives into the FinTech ecosystem in the Asia-Pacific region, covering trends, regulations, and innovations.
Date: August 2025 | Location: Sydney, Australia
FinovateFall 2025
FinovateFall is a leading FinTech conference that showcases cutting-edge banking and financial technology through short-form demos and expert insights. The event also includes the Finovate Awards, recognizing companies driving FinTech innovation forward.
Date: September 8–10, 2025 | Location: New York, NY, USA
Fintech Talents North America 2025
Fintech Talents North America is the ultimate FinTech event for credit unions, community banks, financial institutions, and FinTechs from across North America. The event offers networking opportunities, workshops, and discussions on the latest trends in FinTech.
Date: September 2–3, 2025 | Location: New York, NY, USA
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