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Ark Investment Secures $16M Private Crypto Injection

Ark Investment, spearheaded by Cathie Wood, raised approximately $16 million in private cryptocurrency, according to recent filings. So reports Investopedia.

Per the U.S. Securities and Exchange Commission, ARK Crypto Revolutions U.S. Fund raised approximately $7.3 million while the ARK Crypto Revolutions Cayman Fund pulled in $8.99 million. Wood’s Ark is notably bullish on bitcoin, and it projects a $1.5 million value for the coins by 2030.

Read the full post from Investopedia.

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