well this is gonna be interesting watching these fintech's pivot.
I understand $BKKT a bit more now and have found its other niche industry players, they range from Visa to Western Union, to SWIFT, to Circle to Ripple It's essentially borderless finance converging with crypto/stablecoins converging with the rise of AI BKKT happens to be backed by ICE (owner of NYSE): ^TLDR: "Sprecher is often credited with “seeing around corners” in the intersecting world of finance and technology. These days, amid the energy transition, that trait is underscored by his anticipation years ago of the globalization of natural gas and demand for carbon-offset trading. Similarly, Sprecher’s launch of Bakkt in 2018 foresaw expanded adoption of bitcoin and digital assets. In reality, seeing around corners is a theme woven throughout Sprecher’s more than 20 years of creating, leading, and growing ICE. For that, and for delivering to ICE shareholders a consistent compound annual growth rate of 17% over the span of 2006 to 2021, Sprecher has been hailed as one of Barron’s “World’s Best CEOs” for six consecutive years, among a host of other honors and awards for his leadership and philanthropy" Cross-border payments market size is projected to reach $290–$320 trillion by 2030, with a CAGR of ~7–8%, fueled by stablecoins, AI-optimized routing, and fast-payment interlinks. An IMF paper even suggests potential for $1 quadrillion if including all evolving financial flows (e.g., tokenized assets). Niche market caps of peers: Visa $654.81B Mastercard $512.75B PayPal/Xoom $64.29B Circle $31.54B Wise ~$14.2B (USD) Stellar $12.90B (XLM Token) Airwallex $6.2B (Private Valuation) Ripple $176.07B (XRP Token) Payoneer $2.27B Western Union $2.61B Bakkt $1.0B MoneyGram ~$1.07B (Pre-Acquisition) BVNK ~$500M (Est. Private) SWIFT N/A (Cooperative) @mikealfred @Akshay_Naheta
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