ARK Invest invests $5.5 million in Circle and USDC
Cathie Wood's ARK Invest fund acquires $5.5 million in shares of Circle, the USDC stablecoin issuer.
Published 13sem2 sources✓ ConfirmedImportant
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16 %
The transaction coincides with a 16% surge in Circle's CRCL stock price
The fact
This investment reflects growing confidence from traditional asset managers in stablecoins.
The transaction coincides with a 16% surge in Circle's CRCL stock price.
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