Benzinga | Nov 22, 2021 08:22PM EST

Fintech Focus For November 23, 2021

One Big Thing In Fintech: Citigroup (NYSE:C) has named a new head of digital assets within the division housing its investment bank, and will hire an additional 100 staff as part of a fresh push into the sector.

Source: Financial News

Other Key Fintech Developments:

* Revolut, Cube are teaming up.

* AllianceBlock releasing a DEX.

* FTX reshaping futures market.

* ECB extended PISA to crypto.

* Fiserv has acquired BentoBox. (NASDAQ:FISV)

* Greenlight and Amazon collab.

* Slide closes $100M in a round.

* Epay releases new bill product.

* NFT platform Royal taps $55M.

* Crypto firm MoonPay is raising.

* Lydia and Bitpanda teamed up.

* Abeg facing its biggest test yet.

* Blackboxstocks hits 6.0K subs.

* Pomelo Pay adds $10M round.

* VentureSouq adds fintech fund.

* Republic sets sights on Miami.

* Vesttoo added $15M Series B.

* Ripple may see huge adoption.

* EarlyBird secures a $4M raise.

Watch Out For This: The latest U.S. Covid-19 wave is taking its toll on some states' intensive-care units, with several parts of the country seeing outbreaks that are as bad as ever.

Source: Bloomberg

Interesting Reads:

* Secfi unpacking stock options.

* Regulators talk out stablecoins.

* Niantic building the metaverse.

* Humanity center of wealthtech.

Market Moving Headline: OPEC+ officials warned they're likely to respond to plans by the world's largest oil consumers to release oil from their strategic stockpiles, setting up a fight for control of the global energy market.

Source: Bloomberg