Cathie Wood of ARK Invest Makes Significant Investment in Coinbase and Robinhood Crypto Assets

Cathie Wood, the founder and CEO of ARK Invest, is making a significant investment in Coinbase and Robinhood crypto assets. This news is exciting for investors as it signals that Wood is confident in the future of digital currencies and blockchain technology.

Wood has been a long-time believer in the potential of digital currencies and blockchain technology. She has made several investments in the space, including a $1.5 billion investment in Coinbase in 2018. This latest investment is further evidence of her commitment to the industry.

The investment in Coinbase and Robinhood crypto assets will allow ARK Invest to gain exposure to the rapidly growing digital currency market. Coinbase is one of the leading digital currency exchanges, while Robinhood is a popular stock trading platform that recently added support for cryptocurrency trading.

Wood has also made investments in other blockchain-based companies, such as Bitwise Asset Management and BlockFi. These investments demonstrate her commitment to the industry and her belief in its potential for long-term growth.

The investment in Coinbase and Robinhood crypto assets is an exciting development for investors who are looking to gain exposure to the digital currency market. Wood’s confidence in the industry is a strong signal that digital currencies and blockchain technology are here to stay. With her investments, she is helping to ensure that the industry continues to grow and evolve.

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