
Cathie Wood’s ARK Invest to Offer Crypto Strategies to Investment Advisors
This collaboration with Eaglebrook would facilitate its vision of expanding its services beyond exchange-traded funds (ETFs).
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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.
This collaboration with Eaglebrook would facilitate its vision of expanding its services beyond exchange-traded funds (ETFs).
The top picks for Cathie Wood’s Ark Innovation ETF include Tesla Inc which accounts for approximately 10.40%, closely followed by Coinbase Global Inc which represents 6.09% of the total assets under management.
Notably, ARK also made another tangible investment into the shares of the only publicly listed crypto exchange Coinbase.
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