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Cathie Wood’s ARK Invest has purchased $12M worth of stock in a Peter Thiel-backed crypto company, signaling renewed institutional interest in blockchain infrastructure firms.
The move aligns with ARK’s broader thesis that regulated and publicly traded crypto companies will lead the next phase of market growth as institutional adoption scales.
Analysts say the buy reflects rising demand for crypto-equity exposure as markets stabilize and confidence returns to blockchain-sector.
#CryptoNews