Cathie Wood, the founder of asset management firm Ark Invest, rallied around Elon Musk’s idea of putting all U.S. government spending on blockchains for better transparency on Sunday.
What happened: Wood wrote, “Transparency, Efficiency, Security: Win, Win, Win,” while reacting to the radical plan first backed by Musk, who is in charge of the Department of Government Efficiency, and later by Coinbase CEO Brian Armstrong.
Notably, Ark Invest was the …
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