WealthTech Safari May 15th, 2026
- 2 days ago
- 3 min read
WEALTHTECH SAFARI
A Guided Tour of WealthTech News
Week of May 15, 2026
Acuity Trading Invests in MarketReader to Build a More Complete Al Market Intelligence Offering
• Acuity Trading has completed a strategic growth investment in MarketReader to integrate real-time market movement attribution into its financial intelligence ecosystem.
• This partnership enables advisors to provide more defensible market analysis by combining alternative data with explainable AI that identifies specific market drivers.
MMnote: To me, this is a great use of Al, although I'm sure these agents are expensive. They are constantly running to determine why stocks are moving a certain direction.
Marloo Raises $10M to Evolve Beyond Transcription and into a Comprehensive Advisory Partner
• Marloo secured $10 million in seed funding to transition from a meeting notetaker into an AI partner that automates complex document creation and administrative tasks.
• The shift allows wealth management firms to scale operations and manage larger books of business without increasing headcount by streamlining manual workflows.
Bullish to Acquire Equinity for $4.2 Billion to Drive Tokenized Securities Adoption
• Digital asset exchange Bullish is acquiring traditional transfer agent Equiniti for $4.2 billion to establish a global infrastructure for tokenized securities.
• This acquisition accelerates the availability of digital investment products by bridging the gap between traditional capital markets and blockchain-based systems.
Wealth.com raises $65 million to scale AI-driven estate and tax planning
• Franklin Templeton has collaborated with digital platform Corastone to launch multi-asset private market model portfolios providing diversified exposure to private equity, credit, real estate, and infrastructure.
• This partnership utilizes distributed ledger technology for monthly rebalancing, offering an SMA-style structure that simplifies advisor access to multiple private asset classes through a single subscription.
Centricity Seeks $30M in Funding
• Indian wealthtech startup Centricity is in negotiations to secure approximately $30 million in a new funding round led by MUFG and SIG, potentially doubling its valuation to $250 million.
• The capital injection will be used to advance technology and scale Centricity's digital infrastructure and portfolio management tools for financial advisors and private wealth management.
Orion Recruits AssetMark’s Yi-Ching Wu to Lead Wealth Platform Integration
• Orion has hired former AssetMark executive Yi-Ching Wu as Executive Vice President of Wealth Management Product and Platform to oversee the integration of its tech and investment businesses
• This strategic hire aims to unify Orion's $5.9 trillion in administered assets with its TAMP to provide advisors a simplified "one-stop shop" for technology and investment management.
Wells Fargo Launches 'Advisor Gateway' AI Platform
• Wells Fargo introduced Advisor Gateway, a unified desktop platform that integrates applications and AI-powered tools like BlackRock’s Aladdin Wealth to streamline financial advisor workflows.
• By automating administrative tasks and synthesizing portfolio risk data through generative AI, the platform enables advisors to deliver more personalized and proactive client communication.
Trouble in Alts Paradise as Anthropic declares Tokenized Shares Invalid
• Anthropic issued a warning that unauthorized transfers of its private shares via tokenized products or secondary marketplaces are void and carry no legal value.
• The move caused tokenized share prices to plunge by nearly 50% on certain platforms, highlighting significant regulatory and transfer restriction risks inherent in pooling retail capital for private equity.
MMnote: It's not that the tokenization technology is not ready yet, rather, that anthropic has share transfer restrictions that don't allow them to be re-sold.
New BlackRock and RedBlack Technologies Target Alt Gaps
• BlackRock and RedBlack launched technology integrations to enhance data analytics and trading workflows from alternative investments, including private credit benchmarks and direct CAIS integration.
• These updates address critical infrastructure gaps by allowing advisors to trade and monitor alternatives within existing rebalancing engines, making private funds feel like a standard part of portfolio management.
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