{"id":46303,"date":"2021-07-19T12:48:37","date_gmt":"2021-07-19T09:48:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46303"},"modified":"2025-09-01T15:41:54","modified_gmt":"2025-09-01T12:41:54","slug":"ark-invest-increases-stake-in-square-after-defi-platform-launch-announcement","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ark-invest-increases-stake-in-square-after-defi-platform-launch-announcement\/","title":{"rendered":"ARK Invest increases stake in Square after DeFi platform launch announcement"},"content":{"rendered":"<p>ARK Invest, the asset manager, bought 225,937 Square shares. This followed <a href=\"https:\/\/u1f987.com\/en\/news\/square-to-launch-bitcoin-focused-platform\">a statement<\/a> from Jack Dorsey&#8217;s payments company about an upcoming launch of a Bitcoin-focused decentralized services platform.<\/p>\n<p>According to daily filings, ARK Innovation ETF added 179,664 shares of Square, ARK Next Generation Internet ETF \u2014 46,273 shares of the payments company.<\/p>\n<p>According to CoinDesk, in April ARK Invest sold 409,241 Square shares at around $256. Since then, Square&#8217;s stock has fallen to a six-month low \u2014 below $200.<\/p>\n<p>Earlier, Square announced that <a href=\"https:\/\/u1f987.com\/en\/news\/square-confirms-plans-to-develop-a-hardware-bitcoin-wallet\">it would create a hardware wallet and a service for storing Bitcoin<\/a>. The development team is led by Max Giz, head of the company&#8217;s Device Security division.<\/p>\n<p>In April, ARK Invest <a href=\"https:\/\/u1f987.com\/en\/news\/ark-invest-buys-coinbase-shares-worth-110-million\">acquired Coinbase shares worth $110 million<\/a>.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ARK Invest, the asset manager, bought 225,937 Square shares. This was preceded by a statement from Jack Dorsey&#8217;s payments company about the forthcoming launch of a Bitcoin-focused platform for decentralized services.<\/p>\n","protected":false},"author":1,"featured_media":46304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1218,1534,1211],"class_list":["post-46303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ark-invest","tag-square","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46303"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46303\/revisions"}],"predecessor-version":[{"id":46305,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46303\/revisions\/46305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46304"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}