It would be nice to not talk about Elon Musk for a bit
Oct 10, 2022
Global markets are feeling the pinch, but XRP is breaking the mold in the crypto space. Exciting developments arise from Clerkenwell Health, delving into alternative mental health treatments. E-commerce shines as Trendsi secures $25 million to enhance visibility. Meanwhile, Kanye West's social media antics keep him in the headlines, while Tizen surprises by making gains in the smart TV market. PayPal faces challenges amid misinformation in the crypto world. Tune in for more insights and energetic discussions!
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insights INSIGHT
Market Overview
Stocks are down sharply in Asia, mixed in Europe, and set to open lower in the US.
Crypto is mostly flat, with XRP as a notable exception, but trading volume increased in September.
insights INSIGHT
Clerkenwell Health's Psychedelic Research
Clerkenwell Health raised $2.1 million for research on psychedelic medications for mental health.
A new trial will study psilocybin's effect on patients with incurable cancer diagnoses.
insights INSIGHT
Trendsi's Series A Funding
Trendsi raised a $25 million Series A to connect sellers with suppliers and manage the supply chain.
It aims to empower anyone, including influencers and creators, to sell online and offline.
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We're gearing up to take the show on the road in short order, but don't worry about that this week. Service will continue as usual until we kick off Disrupt next Tuesday!
Today, we got into the weeds about:
Markets: Stocks are down in most of the world, albeit somewhat mixed in Europe. Crypto is mostly flat, with the XRP breaking the trend by being interesting. The Block reports that crypto volumes ticked higher in September, which could bode well.
Startups: Clerkenwell Health just raised a couple million pounds for testing alternative medications for mental health conditions. We're excited about that. And Trendsi raised a $25 million Series A, which is no small deal, as we had expected to see smaller early-stage rounds this year. Good on Trendsi!
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.