Ark (ARK) is a universal innovative platform designed to popularize and simplify as much as possible the processes of mutual relations, cooperation and calculations in the virtual space. Ark has its own virtual sign-Ark token, which carries a monetary value. Ark project was launched at the end of 2016. A huge team of 27 people is working on its launch and further promotion. Ark defines his mission as the proliferation of blockchain technologies among the broad masses of the population. Note that Ark is not a traditional virtual currency. It is an entire ecosystem, a safe platform for adaptation. The company has ambitious plans: to stimulate the mass adoption of crypto money by offering those tools that will be useful and in demand by users. The new project has its own currency – ARK coin.
ARK’s recent offloading of Coinbase shares stands out as one of its significant divestments in 2024. Prior to Thursday’s sale, ARK sold off 270,365 shares of Coinbase on March 11.
Cathie Wood-led Ark Invest believes Bitcoin price will rally exponentially in the confirmed bull cycle as more investable global assets amounting to $250 trillion proliferate to the digital asset class.
