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Latest from Will Canny
FCA Friction Said to Spook Investors Over Copper’s Reported $500M Raise
Temporary registration status from the U.K.’s markets regulator has caused some VC firms to back out or downsize their checks, sources say.

Citi Sees Metaverse Economy as Large as $13T by 2030
The virtual world could be the next generation of the internet, the bank’s analysts said in a report.

NFTs Could Go Mainstream With Instagram’s Planned Support, Deutsche Bank Says
Instagram could lower the barrier for entry to the NFT market, the report said.

Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
Regulation and overcollateralization are the main hurdles for the sector, the bank said.

BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
The crypto bank is one of the best positioned companies to benefit from the expanding use of stablecoins, the report said.

Chainlink's Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth
The disconnect may reflect a number of issues, including market saturation, according to a Coinbase report.

Digital Assets Can Boost Revenue for Sports Teams, PwC Says
Token sales and metaverse events have the potential to become major revenue streams for teams and leagues.

Crypto Firms May Look at Traditional Finance Firms as M&A Targets
We asked several industry participants if Wall Street incumbents might start making deals for crypto companies. Some predicted the opposite.

JustCarbon, Likvidi Launch Blockchain Markets for Carbon Credits
The ventures aim to bring cryptocurrency benefits to natural CO2-removal processes.

Coinbase Says Crypto Markets Resilient After Russian Invasion of Ukraine
The crypto exchange said a more convincing recovery is possible once investors have more clarity on the Fed’s plans.
