Finimize - ⚡️ Three cryptos to watch in 2022

Hi Reader, here's what you need to know for December 24th in 3:11 minutes.

🎄 We’re just going to take a few days off to play some very intense games of Scrabble with the volleyball we’ve drawn a face onto. From all of us here at Finimize HQ, we hope you have a great one, and we’ll see you on the 30th.

Today's big stories

Mergers and acquisitions activity hit a record high in 2021
Our analyst has picked out the three cryptocurrencies that could soar next year – Read Now
Tencent announced it’s giving $16 billion worth of JD.com stock to its shareholders

Break Beats

What’s Going On Here?

Data out this week showed global mergers and acquisitions (M&A) hit a record high of more than $5 trillion this year as companies couldn’t help but scratch that dealmaking itch.

What Does This Mean?

You don’t have to dig through too many crates to find reasons for the boom. Super low interest rates have made borrowing cash to buy rivals cheap while sky-high stock prices have made raising funds much easier. Mix that with a robust post-Covid bounceback in consumer demand – and, in turn, profits – and you can see why companies were keen to find new ways to one-up the competition.

Armed with the almighty dollar, American firms have led the way this year. The value of US deals nearly doubled compared to 2020, while Europe and Asia Pacific saw rises of 47% and 37%, respectively. Overall, the value of global M&A is already 63% higher than 2020’s total and 16% higher than the previous record set back in 2015.

Why Should I Care?

For markets: Break the bank.
Fees for advising on M&A are one of the biggest ways investment banks make money, so this year’s boom will have suited them just fine. And since they tend to pass that cash onto investors through dividends and buybacks, perhaps it’s no surprise that shares of top banks Goldman Sachs and Morgan Stanley are up more than 45% this year, almost double the wider market.

Zooming out: Break the internet.
More fees for Wall Streets’ finest are on the way: Triller, a short video platform that rivals TikTok, announced this week it’ll join the stock market by merging with video software firm SeaChange. Setting its own record for most buzzwords in a press release, Triller says the deal will help the combined $5 billion company expand into the metaverse, web3, and the creator economy.

You might also like: How you could profit from the M&A boom.

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Analyst Take

Three Cryptocurrencies You Should Consider Backing In 2022

Stéphane Renevier, Analyst

What’s Going On Here?

2021 was the year crypto became more popular than ever.

The sky’s the limit, though, and there’s no telling what next year has in store.

If you want to maximize your crypto investments, our analyst reckons there are three tokens you should take a serious look at.

But here’s the thing: since they all present unique opportunities, they all come with unique risks that are important to understand before buying in.

So that’s today’s Insight: the three coins could rule the crypto world next year, and why you should consider backing them.

Read or listen to the Insight here