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Cathie Wood very positive on Coinbase after Ripple court ruling



 

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Cathie Wood, the founder and CEO of ARK Investment Management, said she remains bullish over Coinbase (NASDAQ:COIN) in light of Ripple’s partial victory over the Securities and Exchange Commission on July 13.

While Wood noted the ruling wasn’t in outright favor of Ripple, she lauded the outcome as “by and large, very positive for [crypto] exchanges.”

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