LensLinks: Issue 146

As Regulators Block Tech Deals, They Increasingly Look to the Future, brought to you by Regiment LLC

Author

Len Pacek
April 28, 2023

LensLinks: Issue 146

Today in LensLinks:

  • Giddy Raises $6.9 Million

  • As Regulators Block Tech Deals, They Increasingly Look to the Future

  • Public blockchains are infrastructure technology. Therefore it’s hard to “see”; the problems being solved.

  • Bitcoin Price May Hit $100K by Year End, Standard Chartered Bank Says

  • Facebook owner Meta’s profits exceed expectations

  • The X-Factor That Could Propel Ethereum Price in 2023

  • Total crypto market cap approaches $1.2 trillion

  • Palintir AIP: Defence and Military

  • And Much, Much More…

QUOTABLE

❝

“This is another transition that we’re looking at closely, to make sure that if this is an opportunity for competition to really enter the market and disrupt, that we’re allowing that to happen rather than illegal tactics locking up the market.”

- F.T.C.’s chair, Lina Khan

NOTABLE

Giddy Raises $6.9 Million

Giddy Raises $6.9 Million from Fornite co-creator Geremy Mustard, Pelion Venture Partners, Peak Capital Partners, Clarke Capital and other strategic partners focused on building Web3. The investment brings Giddy’s total amount raised to more than $15 million, following an $8+ million funding round led by Pelion in 2022.

techbuzz.news/giddy-raises-6-9-million

Metaverse & Gaming

As Regulators Block Tech Deals, They Increasingly Look to the Future

British regulators cited the newness of the cloud gaming field to block Microsoft’s $69 billion acquisition of Activision, a shift in antitrust strategy.

www.nytimes.com/2023/04/27/technology/regulation-tech-microsoft-activision.html

Blockchain, Tokens & DeFi

Michael Nadeau on LinkedIn: #thedefireport | 14 comments

Public blockchains are infrastructure technology. Therefore it’s hard to “see”; the problems being solved. Below is a visualization of the maze of entities… | 14 comments on LinkedIn

www.linkedin.com/posts/michael-austin-nadeau_thedefireport-activity-7056676599231864834-iBxI/?utm_source=share&utm_medium=member_ios

Crypto Trading

Bitcoin Price May Hit $100K by Year End, Standard Chartered Bank Says

A report from the firm noted that the crypto winter is finally over and bitcoin halving is set to be a positive catalyst for the price.

www.coindesk.com/markets/2023/04/24/bitcoin-price-may-hit-100k-by-year-end-standard-chartered-bank-says

Metaverse & Gaming - a little more…

Heineken plays matchmaker for gamers on new platform

Beer Matchmaking, a new digital platform, is part of a broader global campaign designed to break down the stereotype that gaming is antisocial.

www.marketingdive.com/news/heineken-gaming-brazil-beer-matchmaking/648742

Facebook owner Meta’s profits exceed expectations

It said AI was "driving good results" across its business - which has slashed jobs worldwide.

www.bbc.com/news/technology-65410293

Meta Avatar Upgrade Could Use an Upgrade

The company's alter-ego creations will soon come with more body shape options, sparklier eyes, and updated hair. It's still doesn't seem worth billions.

gizmodo.com/meta-avatar-facebook-metaverse-horizon-worlds-1850383402

Blockchain, Tokens & DeFi - a little more…

Tokenization Is 'Killer App' for TradFi: JPMorgan

Tyrone Lobban, head of the bank's Onyx digital-assets platform, said JPMorgan is moving forward with tokenization in spite of the downturn in the crypto market.

www.coindesk.com/business/2023/04/27/tokenization-is-the-killer-app-for-tradfi-jpmorgan/?utm_content=editorial&utm_source=linkedin&utm_term=organic&utm_medium=social

Crypto Trading - a little more…

The X-Factor That Could Propel Ethereum Price in 2023

This is the secret X-Factor that could drive Ethereum price in 2023 and propel its market valuation into new highs.

beincrypto.com/the-x-factor-behind-ethereum-price-2023

Total crypto market cap approaches $1.2 trillion: is this an opportunity to invest in AltSignals? | Invezz

AltSignals could target the $0.1 level before the end of the year as the cryptocurrency market cap inches closer to $1.2 trillion

invezz.com/news/2023/04/27/total-crypto-market-cap-approaches-1-2-trillion-is-this-an-opportunity-to-invest-in-altsignals

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

ESG (Environmental, Social & Governance)

Puig Joining the Sustainable Markets Initiative Task Force

The company’s fashion brand Dries Van Noten will be its first to collaborate with the SMI.

wwd.com/fashion-news/fashion-features/puig-joining-sustainable-markets-initiative-task-force-1235631653

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.