😨 The next big crypto disruption

Take that, NYSE | China throws mud against a wall | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for June 18th in 3:06 minutes. 👴 This ain’t your daddy’s 60/40 portfolio. Join EquityMultiple’s CFO for [How To Diversify Beyond Stocks & Bonds]( on June 22nd, and find out how to break with traditional investments. [Grab your ticket today](. Today's big stories - Digital payments company Wise announced plans to go public on the London Stock Exchange via a direct listing - There's a major disruption heading straight for cryptocurrencies, and it's not regulation – [Read Now]( - China’s upping its efforts to tame a red-hot rally in commodity prices Wanderlust For Life [Wanderlust For Life] What’s Going On Here? Wise announced plans on Thursday to make its debut on the London Stock Exchange, and the payment transfer company is confident it’s going places. What Does This Mean? The artist formerly known as TransferWise is [eyeing]( a direct listing, which – unlike an [initial public offering]( (IPO) – cuts out investment banks (and their exorbitant fees) and lets the company list without raising cash. That route makes more sense for Wise: the company sees $7 billion in transfers every month, it’s been profitable since 2017, and it’s doubled its revenue in the past two years. In other words, it doesn’t need cash from investors. The direct listing means we won’t know Wise’s valuation until investors set it on the day. But the company was last valued at $5 billion in a private fundraising round last year, and one report [suggests]( it might’ve climbed to $12 billion ([tweet this](). Why Should I Care? For markets: Pros and cons. Wise’s stock market debut will be the first direct listing of a tech company in London – a big win not just for the UK, but retail investors too. Direct listings, after all, don’t give institutional investors first dibs on shares like IPOs do. There is a drawback, mind you: no investment bank around means there’s no one to keep Wise’s share price from getting too volatile in the early days. The bigger picture: Get excited. Wise isn’t the only company getting investors hot under the collar this week: OnlyFans – which provided the bare skin everyone needed to get through lockdown – said it’s looking to [raise]( money from private investors at a $1 billion valuation for the first time. The startup handled more than $2 billion in sales last year, with $400 million in revenue and a profit to boot. The new funding round isn’t just about keeping its regulars happy, either: OnlyFans is looking to erect a more mainstream media platform and – presumably – fall asleep straight after. You might also like: [How to tell if a stock market debut will be a hit or a flop.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Wanderlust For Life&utm_campaign=daily-global-18-06-2021&utm_source=email) 2. Analyst Take The Next Big Disruption To The Crypto Industry What’s Going On Here? Everything’s cryptocurrency this, cryptocurrency that at the moment. So it’s no surprise that 90% of the world’s central banks are exploring the idea of [digital versions of their own currencies](. That’s not necessarily a bad thing: so-called [“central bank digital currencies”]( – or CBDCs – could have plenty of advantages. They could be used for instant and cheap money transfers, for one, or programmed in ways that would [help boost countries’ economies](. And that means they could be [the next big disruptive force]( for fintechs, big banks, cryptocurrencies, and – if you’re investing in any of them – your portfolio. So that’s today’s Insight: how CBDCs will shake up the crypto market and finance industry, and [how they could impact your investments](. [Read or listen to the Insight here]( SPONSORED BY JUPITER ASSET MANAGEMENT Change is good A lot has changed since [Jupiter Asset Management](launched its [Global Sustainable Equities strategy]( in 2018. After all, the world of sustainability, corporate responsibility, and fairer, more equitable business behaviors have quickly become mainstream investing considerations. But one thing hasn’t changed: [Jupiter’s]( unwavering belief that every investing decision needs to balance planet, people, and profit. And now, Jupiter’s written a [report]( looking at how companies are adapting to everything from gender equality to climate change response – and [which of them are t]([he stand-outs](. [Take a look at Jupiter’s report]( [here]([.]( [Read The Report]( Metal Dejection [Metal Dejection] What’s Going On Here? China just announced it’s selling off a load of its industrial metals, as the rally in commodity prices continues to get the poor little guy down. What Does This Mean? Between widespread supply issues and a strong global economic recovery, commodity prices have been pushed to their [highest levels]( in almost a decade. And China – by far the biggest consumer of raw materials in the world – has been [trying]( to put an end to the rally, which risks both driving up global inflation and making China’s growth ambitions more expensive. So now the government’s announced it’ll start [selling]( major industrial metals – copper, aluminum, zinc – from the state’s own stockpiles. The hope is that the extra supply will reverse the commodities rally – particularly the more than 60% surge in the price of copper, which is essential to everything from transportation to infrastructure. Why Should I Care? For markets: The US crosses its fingers. Whether China’s plan works depends on how much metal the country releases into the market. But if it does, it might cement the US Federal Reserve’s [view]( that the spike in inflation is just a blip. That’s especially true after its chairman [pointed]( to the recent plunge in lumber’s price as proof that commodity prices – and by extension inflation – will come down eventually. And since that means the central bank will be in no hurry to bump up its interest rates, that’s good news for investors everywhere. The bigger picture: Root for the underdog. Metal prices might soon drop off, but oil’s price rise is showing no sign of slowing down. It recently hit multi-year highs of above $70 a barrel, and now – thanks to underinvestment in supply and a recovery-driven surge in demand – the world’s biggest commodity trading firms are [expecting]( that to reach $100. You might also like: [Why commodities are still so much cheaper than stocks.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Metal Dejection&utm_campaign=daily-global-18-06-2021&utm_source=email) 💬 Quote of the day “The shortest route to getting things done is just do it.” – Takayuki Ikkaku, Arisa Hosaka, and Toshihiro Kawabata (characters in Animal Crossing) [Tweet this]( SPONSORED BY EQUITYMULTIPLE The top real estate markets for 2021 Commercial real estate continued to outperform stocks and bonds last year, even through the toughest economic conditions in decades. But if you want to know where the very best opportunities lie, [EquityMultiple’s exclusive whitepaper]( is a good place to start. You’ll find [expert analysis of commercial real estate trends](, as well as the professionals’ take on the [top 15 markets this year](. The whitepaper will help you consider [what’s shifting the landscape too]( – everything from the rise of remote work, increased demand for ecommerce, and workforce relocation. That way, you’ll be able to make smarter real estate investment decisions. [Download EquityMultiple’s whitepaper]( for free today. [Get Your Free Whitepaper]( When you support our sponsors, you support us. Thanks for that. 🎯 ON OUR RADAR - Cash savings are dead. Try ChipX instead: award-winning automatic saving and seamless [access to multi-asset BlackRock funds](. Capital at risk.* - The secret IRS files. Or, how the wealthy [avoid income tax](. - Taurus, libra, or… bitcoin. Yep, crypto’s basically [astrology for men](. - Eureka. The link between [big brain and small brain]( has finally been found. - We’re split into two economies. All thanks to the [power of platforms](. When you support our sponsors, you support us. Thanks for that. 🌏 Finimize Live 🎈 Snap, crackle… Look, we like stocks and bonds as much as the next daily financial newsletter. Not knocking them. But while they form the basis of a strong portfolio, alternative assets can really make it pop. So join EquityMultiple’s CFO for [How To Diversify Beyond Stocks And Bonds](, and find out how to decide which of them to choose. 🚀 [How To Diversify Beyond Stocks And Bonds](: 6pm UK time, June 22nd 🤑 [How To Earn A Passive Income From Crypto](: 12pm NYC time, June 24th 🌿 [Why Now’s The Time To Invest In Cannabis](: 6pm UK time, June 28th 🍔 [How To Make Money Going Meat Free](: 6pm UK time, June 29th 💄 [How To Give Your Portfolio A Beauty Makeover](: 6pm UK time, June 30th 🤔 [What Does Inflation Mean For Your Portfolio](: 2pm UK time, July 15th 📈 [How To Protect Yourself From Rising Prices](: 6pm UK time, July 26th ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? 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