TechFlow news, June 17 — According to The Block, Cathie Wood's Ark Invest reduced its stake in Circle (CRCL), the issuer of stablecoin USDC, by 342,658 shares on Monday, cashing out approximately $51.7 million. Circle's stock price still rose 13.1%, closing at a record high of $151.06, nearly five times its $31 IPO price.
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