Ark Invest Invests $172 Million in Bullish Stock Exchange

Cathie Wood’s Ark Invest has made a substantial investment in Bullish, a digital asset exchange launched through a SPAC merger. The company purchased approximately 2.5 million shares worth around $172 million as Bullish debuted on the New York Stock Exchange (NYSE). This strategic move signals Ark’s continued confidence in crypto infrastructure companies despite market volatility. Bullish offers a unique blend of centralized and decentralized trading features, enabling deep liquidity and transparent operations.