Cathie Wood’s ARK Invest purchases 353,328 Circle shares
Crypto Briefing
Cathie Wood's ARK Invest acquired 353,328 shares of stablecoin issuer Circle.Summary
ARK Invest, led by Cathie Wood, purchased 353,328 shares of Circle, a prominent stablecoin issuer attracting significant institutional interest. This acquisition aligns with ARK Invest's strategy of reallocating capital toward high-potential assets within disruptive technology sectors. Circle has shown strong financial performance, reporting a 202% rise in net income to $214 million in Q3 2025, driven by substantial on-chain transaction volumes and the growing circulation of its stablecoin, USDC.
(Source：Crypto Briefing)