Cathie Wood Loads Up on Coinbase and Circle Amid Crypto Downturn
Cathie Wood of Ark Invest is buying up crypto stocks during the downturn. Two of her top picks are Coinbase Global and Circle Internet Group.
Coinbase has been pivoting away from traditional crypto trading, focusing on the growth of digital assets such as prediction market contracts and tokenized equities.
Circle's stablecoin USDC has a $72 billion market cap and is seen as a key player in the future of blockchain technology.