ARK Invest, under the leadership of Cathie Wood, has made a substantial investment in Circle's initial public offering, purchasing $373.4 million worth of shares. Circle's stock, trading under the ticker $CRCL, experienced a remarkable 200% surge on its first trading day, closing at over $96 per share. The acquisition, completed on June 6, 2025, underscores ARK Invest's strong confidence in Circle's growth prospects within the cryptocurrency industry.