Crypto dossiers - Goldman to buy GreenSky - Robinhood's CMO exits

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Crypto dossiers - Goldman to buy GreenSky - Robinhood's CMO exits
Shannon Stapleton/Reuters; Andrew Burton/Getty Images; Julian Restrepo/Citigroup via AP; Misha Friedman/Getty Images; Samantha Lee/Insider

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On the agenda today:

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The digital-asset dossiers

Amid surging customer interest in cryptocurrency, some of Wall Street's biggest banks have unveiled plans to implement crypto, while others have held off. To help you navigate the twists and turns of the crypto boom, we've compiled a list of 10 of the biggest banks' crypto offerings (or lack thereof), executives, and public statements. Read the digital-asset dossiers.

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Goldman Sachs to buy home-improvement lender GreenSky

Goldman Sachs has agreed to buy GreenSky, which provides installment loans and lines of credit for home-improvement projects, in an all-stock deal valued at $2.24 billion. We spoke with Stephanie Cohen, co-head of Goldman's consumer-banking division, who explained why they inked the deal.

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Robinhood's CMO is leaving the company

Christina Smedley, Robinhood's chief marketing and communications officer, is leaving the company after just a year, and declined to say where she's heading next. Here's a look at her tenure at Robinhood.

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Massive wealth managers are creating new roles to reach diverse clients

UBS, Wells Fargo, and Bank of America have all created new executive roles and teams aimed at reaching diverse clients in an overwhelmingly white, male industry. Get the latest on the wealth managers' newest hires - and how they're working to better serve diverse consumers.

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This $500 million hedge fund is ramping up its SPAC bets

Even though the SPAC market is cooling off, hedge fund manager Axon Capital is just getting started in the space. The hedge fund just launched its first SPAC last month, and is planning on rolling out two more focused on health care and energy. Axon's co-CIO shares why the fund is all-in on SPACs.

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TomoCredit used this 17-page pitch deck to raise $10 million

TomoCredit, a fintech lender that offers credit to people with thin- and no-credit histories, just raised $10 million for its Series A. Check out the pitch deck the fintech used to secure funding.

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And take a look at our entire library of pitch decks used by fintechs to raise millions.


Mike Novogratz wasn't quick enough to short litecoin

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Novogratz, Galaxy Digital CEO, said he wasn't quick enough to short litecoin during its brief surge this week. The coin spiked after a quickly debunked press release claimed Walmart would accept litecoin for payments - but the crypto billionaire was too slow to short the coin. Here's what else he said about the debacle.


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