CEO Podcast and Portfolio Management License from the OSC I just listened in on a podcast with FRNT Financial’s ($FRNT.V) CEO, Stephen Oulette, with Macro Hive talking about the crypto crash and what to expect next. It's a 56-minute interview, but it's definitely worth a listen because there's a lot of information discussed in the podcast. He talks about:
- His history and why he decided to work in finance and essentially ending up in the crypto space.
- Use cases for crypto (as an alternative currency and how during down markets, more people are using it unspeculatively).
- Why the differences between Ethereum and bitcoin are exaggerated, however, there are still some questions and risks about the developmental differences.
- The unwarranted valuations of crypto markets (Speculation vs. Actual projects).
- Whether decentralized finance (DeFI) adds any value.
- The difficulties for institutions to access crypto markets.
- What to look out for when investing in crypto.
Check it out here: https://macrohive.com/hive-podcasts/ep-114-stephane-ouellette-on-the-crypto-crash-and-what-next/
One thing I love about when CEOs like Stephen do podcasts/interviews like this is the exposure it brings when they show off their knowledge. With $FRNT.V’s focus toward institutional investors, publicity like this is essential for giving potential clients a sample of who they'll be working with.
Plus, $FRNT.V just announced that their asset management subsidiary was approved for a Portfolio Management License from the OSC. They'll mainly focus on targeting arbitrage and market inefficiencies. Beyond arbitrage mandates, FRNT AM aims to help clients in building passive cryptocurrency mandates and other strategies such as momentum. Clients will have access to in-house fund management, consulting and advisory services, and access to the $FRNT.V’s industry-leading data and research.
https://ca.finance.yahoo.com/news/frnt-financial-subsidiary-granted-portfolio-123000291.html
Overall, I'm impressed with where the company is heading. The management team has done a great job so far and combining that with the current valuation, things are getting interesting here. Definitely worth it to keep a close eye on $FRNT.V at these levels.