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Benzinga
Benzinga
Business
Aniket Verma

Circle Shares Surge 92% Since NYSE Debut — Cathie Wood Highlights Ark's Successful Take On Stablecoin Issuer's IPO

Cathie Wood Circle ARK IPO Ark Invest Internet
Denver,,Colorado,-,June,18,2025:,Crcl,Coinbase,Visa,Stock

Seasoned investor Cathie Wood on Monday praised an analyst from Ark Invest’s Digital Assets team for their successful take on Circle Internet Group, Inc. (NYSE:CRL) from a month ago.

What Happened: Wood took to X to welcome Raye Hadi, the new member of the cryptocurrency research team, and praised their immediate impact, notably their work on Circle, the issuer of USDC (CRYPTO: USDC) stablecoin.

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