ARK Invest’s Shift: What it Means for Crypto Startups
ARK Invest has made some significant moves recently that could change the game for crypto startups. They’ve decided to shift their focus from crypto business accounts like Coinbase to infrastructure investments in a company called BitMine. This change raises some questions about the sustainability of crypto exchanges and how they can survive in the current regulatory climate.
Crypto Exchanges in Trouble?
Let’s start with the state of crypto exchanges. Coinbase, for instance, has seen its stock plummet, and not just because of market forces. They are running into regulatory issues that could jeopardize their future. ARK’s move away from these trading platforms suggests they believe the sustainability of such businesses is in jeopardy,…
