Wood

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Cathie Wood invests $19.9m in Jack Dorsey’s Block

0xMain
June 9, 2023

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ARK Invest has made a substantial investment of $19.9 million in Block Inc. It expanded its stake in the company just hours after investing $21 million in Coinbase stock. Despite recent regulatory actions against significant crypto industry players, such as Binance and Coinbase,...

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Cathie Wood boosts Coinbase holdings amid escalating SEC crackdown

0xMain
June 7, 2023

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Amid the SEC’s allegations of Coinbase operating an illegal exchange, Cathie Wood’s managed funds have increased their stake in the company’s stock. Coinbase shares experienced a significant 21% decline on June 6 amid the SEC complaint. However, Ark Investment acquired 419,324 shares, according...

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Cathie Wood says regulators responsible for banking crisis, not crypto

0xMain
March 16, 2023

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Ark Invest’s Cathie Wood says U.S. financial regulators are using crypto as a scapegoat for their own mistakes in oversight of the country’s banking system. Wood says the regulators’ attack on crypto could have dire consequences for the nation. Wood: crypto not responsible...