Star investor Cathie Wood (ARK Invest) is now a member of the management and control body of the crypto startup Amun Holdings.
This Monday, prominent Wall Street investor Cathie Wood joined the board of directors of crypto fintechs Amun Holdings. This comes from a message from the Bloomberg news agency emerge. Amun is committed to facilitating access to crypto assets for both private customers and institutional investors. The company has approximately $ 40 million to $ 50 million in profits annually. Amun Holdings, for example, operates 21Shares AG, which specializes in exchange-traded funds.
21Shares is breaking new ground for crypto ETPs by leading the way with research and a keen understanding of this emerging asset class. I am thrilled to be able to support these efforts
Wood is quoted by Bloomberg as saying.
However, one of the company’s offerings, the 21Shares Short Bitcoin ETP, allows investors to bet against the performance of Bitcoin. The 21Shares Crypto Basket Index, in turn, tracks the five most important cryptocurrencies by market value.
Cathie Wood’s expertise can only be useful to Amun Holdings. She can justifiably be called a celebrity in the crypto scene. Wood is the founder and CEO of ARK Invest, and she is also called the “best investor in the world” by some experts.
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