Investment giant Ark Invest has taken a major step into the crypto market, acquiring 2.53 million shares of Bullish (BLSH) valued at $172 million following the company’s successful initial public offering (IPO). This substantial investment highlights institutional interest in the world of crypto exchange platforms and marks another significant milestone in the growing involvement of traditional finance players in this burgeoning market. Cathie Wood, founder of Ark Invest, has made it clear that she believes Bullish will be a key player in the future of crypto exchanges. 2021 saw similar investments in Coinbase by Ark Invest, demonstrating a trend of institutional investment in the digital asset space, particularly after strong IPO performance. This move adds to the growing dialogue between traditional finance institutions and the world of cryptocurrency.