Tag: ARK Invest
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Bullish Targets $4.2B Valuation in IPO Backed by BlackRock and ARK
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Bullish, the cryptocurrency exchange and parent company of crypto news outlet CoinDesk, has filed an updated F-1 document with the US Securities and Exchange Commission (SEC), signalling its intent to go public. The company is aiming to raise between $568 million and $629 million through an initial public offering (IPO), pricing its shares between $28…
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ARK Invest Buys the Dip: $47M in Coinbase and BitMine Shares
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ARK Invest, the asset management firm led by Cathie Wood, has made bold moves in the crypto space by buying heavily into Coinbase and BitMine Immersion Technologies during a sharp market dip. On Friday, the firm acquired a total of $47 million worth of shares in these companies, seizing the opportunity created by falling stock…