PayPay Lands On Nasdaq — And Cathie Wood Is Already In As Ark Scoops Up $5 Million Worth Of Stock
Ark Invest, led by Cathie Wood, made a significant investment in PayPay Corp (NASDAQ:PAYP) on Thursday. The trade coincided with the company’s debut on the Nasdaq Global Select Market, marking a pivotal moment for Softbank Group Corp. (OTC:SFTBY)-backed fintech as it launched its initial public offering. The PayPay Trade Ark Invest’s ARK Blockchain & Fintech Innovation ETF (BATS:ARKF) fund acquired 275,000 shares of…
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