Circle Shares Surge 92% Since NYSE Debut — Cathie Wood Highlights Ark’s Successful Take On Stablecoin Issuer’s IPO
Posted On July 8, 2025
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.
Hadi, along with Lorenzo Valiente. Director of Research at Ark Invest, wrote on Circle’s successful …