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Cathie Wood: ARK Invest 'Chose Block Over PayPal' Due To Cash App's Bitcoin Focus

ARK Invest CEO Cathie Wood called PayPal’s Venmo a “follower” of Block’s Cash App payment system, which uses Bitcoin’s Lightning Network.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Cathie Wood: ARK Invest 'Chose Block Over PayPal' Due To Cash App's Bitcoin Focus
ARK Invest CEO Cathie Wood called PayPal’s Venmo a “follower” of Block’s Cash App payment system, which uses Bitcoin’s Lightning Network.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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