Good morning! The Trump family venture is plunging deeper into crypto with plans to launch a new US dollar–pegged stablecoin. GameStop $GME ( ▼ 1.63% ) is back in the spotlight, jumping 14% after-hours after the company announced it’s adopting Bitcoin as a Treasury reserve asset.

Cathie Wood is sticking with Tesla and has issued a $2,600 price target, implying a 55% CAGR over five years. eToro has filed for a U.S. IPO, with revenue tripling last year as the retail trading boom continues.

Plus: OpenAI says it’s made a breakthrough in image creation for ChatGPT, Napster is making a comeback, and the elite skater who kept cracking under pressure until she rewired her brain.

Smart home tech is booming—now’s your chance to invest in RYSE.

_{SQUEEZ OF THE DAY}

Wealthy Americans Seek Refuge in Switzerland

Wealthy Americans are once again looking toward the Alps… and not for skiing, but for safeguarding their assets.

Private banks, wealth managers, and family offices in Switzerland are reporting a sharp uptick in inquiries from U.S. clients looking to move assets overseas. The driver? Growing unease under President Trump’s second term.

Geneva-based Pictet, one of Switzerland’s premier private banks with a U.S.-registered advisory arm, confirmed a “significant uptick” in demand from American clients. Similarly, Zurich-based Alpen Partners noted a surge in inquiries, many from globally-minded families with dual nationalities and international roots.

According to Josh Matthews, co-founder of UK-based Maseco (which specializes in U.S. expat wealth), the only comparable wave of interest came during the 2008 financial crisis.

Though Americans can’t simply walk into a Swiss bank and open an account (thanks to stringent U.S. tax compliance laws), Swiss wealth managers registered with the SEC can help American clients legally open accounts and manage their assets.

The resurgence of U.S. interest also marks a reputational comeback for Swiss banks. After a decade of scrutiny, transparency reforms, and billions in penalties related to tax evasion scandals, many Swiss institutions have adapted by registering with the SEC and embracing full compliance.

One wealth manager noted that Swiss banks are finally “comfortable” dealing with U.S. clients, and many Americans, in turn, are no longer comfortable keeping everything stateside.

Takeaway: In times of political and economic uncertainty, investors seek stability and diversification, and it looks like Switzerland is back to doing what it does best. With its longstanding reputation for financial security, coupled with a modern embrace of transparency and compliance, the country has reclaimed its crown as the world’s safe haven for capital. That being said... I’m on a flight to Zurich.

_{PRESENTED BY RYSE}

This smart home company grew 200% year-over-year…

No, it’s not Ring or Nest—it’s RYSE, a leader in smart shade automation, and you can invest for just $1.90 per share.

RYSE’s innovative SmartShades have already transformed how people control their window coverings, bringing automation to homes without the need for expensive replacements. With 10 fully granted patents and a game-changing Amazon court judgment protecting their tech, RYSE is building a moat in a market projected to grow 23% annually.

This year alone, RYSE has seen revenue grow by 200% year over year and expanded into 127 Best Buy stores, with international markets on the horizon. Plus, with partnerships with major retailers like Home Depot and Lowe’s already in the works, they’re just getting started.

Now is your chance to invest in the company disrupting home automation—before they hit their next phase of explosive growth. But don’t wait; this opportunity won’t last long.

Invest today at $1.90 per share.

_HEADLINES

Top Reads

• Trump family crypto venture will launch a stablecoin (CNBC)

• Trump tariffs, inflation fears push consumer confidence to a multi-year low (Axios)

• GameStop to invest corporate cash in bitcoin (CNBC)

• Trading giant eToro seeks US IPO (CNBC)

• Cathie Wood predicts Tesla stock to hit $2,600 in 5 years (YF)

• Job applications surge from workers at DOGE-targeted agencies (Axios)

• Waymo eyes DC as next robotaxi site (BB)

• How the rich use insurance to invest in private credit (CNBC) 

• Robinhood in March Madness probe (CNN)

• Google launches new Gemini AI model (TC)

• Under Armour returns to NFL (NBC)

• DoorDash-Klarna deal fuels concerns around loans for takeout (NBC)

• More than 300 rich people ask Congress to reject tax breaks for rich people (Axios)

• OpenAI claims breakthrough in image creation for ChatGPT (WSJ)

• The elite skater who kept cracking under pressure until she rewired her brain (WSJ)

• Napster makes $207M comeback (CNBC)

_{CAPITAL PULSE}

Markets Rundown

Stocks Pop, Bonds Dip, and Confidence Tanks: A Wild Tuesday

Stocks ended higher Tuesday, powered by communication and consumer discretionary stocks—investors cheered whispers that U.S. tariffs might soften by April 2 as trade talks drag on.

Europe joined the party, with automotive stocks revving up, while the 10-year Treasury yield slid to 4.32%.

The U.S. dollar took a breather, and WTI oil held steady after a Russia-Ukraine ceasefire calmed Black Sea jitters.

Home prices ticked up 4.7% in January per the Case-Shiller 20-City Index, matching bets—New York, Chicago, and Boston led—though existing home sales hit a sluggish 4.3 million pace in February, pinched by low supply and 6.7% mortgage rates.

Meanwhile, the Consumer Confidence Index cratered to 92.9 in March (vs. 94.3 expected), down four months running, with 6.2% inflation fears—spiked by tariffs and staple costs—denting home and car plans, though gadget lust grew.

Markets shrugged off the gloom, betting on Fed cuts and tariff clarity to save the day—optimism’s got a dark sense of humor lately.

Movers & Shakers

• (+) Trump Media ($DJT) +9% after Trump announced he is launching a crypto reserve.

• (–) Crown Castle ($CCI) -4% because the REIT fired its CEO without explanation.

• (–) Oklo ($OKLO) -7% after the nuclear technology company posted a wider annual loss.

Private Dealmaking

• Roper Technologies acquired CentralReach for $1.65 billion

• Ardian bought Akuo, a renewables firm for $1.03 billion

• Fleetio, a fleet management software provider, raised $450 million

• TON Foundation, a Telegram-linked group, raised $400 million

• Amboss, a medical knowledge platform, raised $260 million

• Infinite Reality acquired Napster for $207 million

For more PE, VC & M&A deals, subscribe to our Buysiders newsletter.

_{BOOK OF THE DAY}

AI Valley

Artificial Intelligence has been “just around the corner” for decades, continually disappointing those who long believed in its potential. But now, with the emergence and growing use of ChatGPT, Gemini, and a rapidly multiplying number of other AI tools, many are wondering: Has AI’s moment finally arrived?

In AI Valley, Pulitzer Prize-winning journalist Gary Rivlin brings us deep into the world of AI development in Silicon Valley. Over the course of more than a year, Rivlin closely follows founders and venture capitalists trying to capitalize on this AI moment. That includes LinkedIn founder Reid Hoffman, the legendary investor whom the Wall Street Journal once called, “the most connected person in Silicon Valley.”

Through Hoffman, Rivlin is granted access to a number of companies on the cutting-edge of AI research, such as Inflection AI, the company Hoffman cofounded in 2022, and OpenAI, the San Francisco-based startup that sparked it all with its release at the end of that year of ChatGPT.

In addition to Hoffman, Rivlin introduces us to other AI experts, including OpenAI cofounder Sam Altman and Mustafa Suleyman, the co-founder of DeepMind, an early AI startup that Google bought for $650 million in 2014. Rivlin also brings readers inside Microsoft, Meta, Google and other tech giants scrambling to keep pace.

On this vast frontier, no one knows which of these companies will hit it big–or which will flame out spectacularly. In this riveting narrative marbled with familiar names such as Musk, Zuckerberg, and Gates, Rivlin chronicles breakthroughs as they happen, giving us a deep understanding of what’s around the corner in AI development.

An adventure story full of drama and unforgettable personalities, AI Valley promises to be the definitive story for anyone seeking to understand the latest phase of world-changing discoveries and the minds behind them.

“A veteran Pulitzer Prize-winning journalist shadows the top thinkers in the field of Artificial Intelligence, introducing the breakthroughs and developments that will change the way we live and work.”

_{DAILY VISUAL}

Biggest Story in the World

_{PRESENTED BY DEEL}

Warning: This Guide May Cause Excessive Payroll Expertise

Hiring across borders? Exciting—until payroll, tax laws, and compliance slow you down.

Deel’s Global Payroll Guide cuts through the complexity, helping you stay compliant and avoid costly missteps.

Inside, you’ll get:

• Country-specific compliance insights

• Digestible tax & employment laws

• Payroll best practices for seamless payments

Stay ahead of the curve—let Deel simplify global payroll.

_{DAILY ACUMEN}

Time Sector System

The Time Sector System, born five years ago from Carl Pullein’s epiphany on a walk, flips traditional productivity: it’s not about what you do, but when.

Time’s the limit—24 hours, no more, no less—while tasks and emails are endless.

Sort them into sectors: This Week, Next Week, This Month, Next Month, Long-Term/On Hold. New task? Ask: What is it? What’s needed? When will I do it?

Example: a medical check-up becomes “consult wife,” slotted for today.

Projects live in a notes app (e.g., Notion), linked to a single task, keeping focus tight.

Daily, check your calendar, cap tasks (Pullein’s limit: 30/week), and flag two must-dos.

Weekly, shuffle sectors, ditch the obsolete. It’s simple, cuts overwhelm, and bends time to your will—sustainable even as demands grow.

_{ENLIGHTENMENT}

Short Squeez Picks

• How CEOs make or break sales

• 10 books that explain why the world feels broken

• The best productivity app

• How to master time management and consistency

• How to be more assertive without being rude

_{MEME-A-PALOOZA}

Memes of the Day