Sept. 22, 2023

231: MoneyTalks w/ Alejandro Gutierrez | NFT Takedowns by SEC | Visa, Solana & Stablecoins | Mark Cuban Hacked | Citi’s Token Service

231: MoneyTalks w/ Alejandro Gutierrez | NFT Takedowns by SEC | Visa, Solana & Stablecoins | Mark Cuban Hacked | Citi’s Token Service

Alejandro Gutierrez joins the show as guest co-host in this Money Talks segment. Alejandro is the CEO of Defactor Labs, providing all the required technological and financial tools for traditional companies to tap into alternative sources of financing using tokenized Real World Assets as collateral. Congratulations to Defactor Labs for taking home the gong at the inaugural National Fintech Awards in Ireland for ‘Best Crypto, Blockchain or Digital Asset Offering’.

In this episode, Alejandro and Pete Townsend riff on the SEC cracking down on NFTs as a fundraising tool by looking at the Mila Kunis-backed Stoner Cats project and that of LA-based media company Impact Theory. They also step through the story of Visa integrating the Solana blockchain for USDC settlements, Mark Cuban getting hacked, Citi’s new token service, and have some fun with emerging tech hype cycles and Patagonia vests.

STORIES COVERED: 

NFT Takedowns

What Happens to Mila Kunis' Stoner Cats NFTs After SEC Settlement? (Decrypt, 13-Sep-23)

SEC settles first NFT enforcement case, fines LA media company $6M (TechCrunch, 29-Aug-23)

Visa+Solana+USDC

‘A Huge Deal’—Visa Reveals Crypto Payments Bombshell (Forbes, 7-Sep-23)

Long Take: Visa, Worldpay, and Nuvei settling transactions using stablecoin USDC on Solana (Fintech Blueprint by Lex Sokolin, 6-Sep-23)

Mark Cuban Hacked

Mark Cuban Loses Nearly $1M to Crypto Scam (CoinDesk, 18-Sep-23)

Billionaire Mark Cuban Loses $870,000 In Crypto Scam (Decrypt, 16-Sep-23)

Citi’s New Token Service

Citigroup Debuts Token Service in Latest Foray Into Digital Assets (Bloomberg, 18-Sep-23)

Citi Token Services will provide payments, liquidity to institutional customers (Cointelegraph, 18-Sep-23)

LINKS:

Follow our guest co-host Alejandro Gutierrez on X(Twitter) and LinkedIn

Learn more about Defactor Labs and follow them on X(Twitter) 

Leave a review and subscribe on Apple Podcasts  |  Spotify 

Check out our MoneyNeverSleeps website and email us at info@norioventures.com

Follow us on X(Twitter): Pete Townsend  |  MoneyNeverSleeps  

Follow us on LinkedIn: Pete Townsend  |  MoneyNeverSleeps

Pete TownsendProfile Photo

Pete Townsend

Co-Host

Web3 & fintech investor, MD @Techstars Web3, founder of Norio Ventures, mentor, non-executive director, podcaster and bad guitar player.

Alejandro GutierrezProfile Photo

Alejandro Gutierrez

CEO, Defactor Labs