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Ark Invest raises $16.3 million in private crypto funds

by Vaibhav
March 17, 2023
in News
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Kathy Wood called bitcoin the best financial insurance
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On March 1, Cathy Wood’s Ark Invest raised $16.3 million for funds investing in cryptocurrencies. The structures will be based in the US and the Cayman Islands.

ARK Crypto Revolutions US Fund LLC raised $7.3 million from nine investors, ARK Crypto Revolutions Cayman Fund LLC from one client.

Funds are open and can attract new clients.

Recall that in March, three structures managed by Ark Invest bought additional securities of Jack Dorsey Block for a total amount of more than $13.7 million. .

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Earlier, the company’s structures bought securities of Coinbase and online broker Robinhood for $3.44 million and $9.97 million, respectively. Later, the funds added more shares of the American crypto exchange for $20 million to their portfolios.

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Katie_Wood-min

On March 1, Cathy Wood’s Ark Invest raised $16.3 million for funds investing in cryptocurrencies. The structures will be based in the US and the Cayman Islands.

See also  Abu Dhabi to allocate $2 billion to finance crypto startups

ARK Crypto Revolutions US Fund LLC raised $7.3 million from nine investors, ARK Crypto Revolutions Cayman Fund LLC from one client.

Funds are open and can attract new clients.

Recall that in March, three structures managed by Ark Invest bought additional securities of Jack Dorsey Block for a total amount of more than $13.7 million. .

Earlier, the company’s structures bought securities of Coinbase and online broker Robinhood for $3.44 million and $9.97 million, respectively. Later, the funds added more shares of the American crypto exchange for $20 million to their portfolios.

See also  Quentin Tarantino announced the dates of the NFT-auction based on "Pulp Fiction"

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