Photo by Art Rachen on Unsplash
Crypto and NFTs are presently facing a nightmare, but Ark Invest CEO Cathie Wood still believes in them. Cathie Wood was with CNBC’s Squawk Box to discuss the fate of digital assets, crypto and decentralized finance (DeFi).
The investment magnate praised DeFi’s robust ecosystem and said that both NFTs and DeFi would be incredible financial opportunities when Web3 comes. Cathie Wood is also betting on digital wallet investments to help lift people out of poverty.