Cathie Wood’s ARK Innovation ETF Reiterates Belief in Solmate (SLMT), Adds to Position

By Karen Roman Cathie Wood’s ARK Innovation ETF (BTS: ARKK) is buying shares of crypto infrastructure company Solmate, the new operating name of Brera Holdings PLC (Nasdaq: SLMT), after a recent dip. ARK Innovation has been adding to its position in SLMT and focusing on Solmate becoming a leader in Abu Dhabi’s next-generation financial infrastructure, Ms. Wood said in a Jan. 15 episode of ARK’s “For Your Innovation” podcast. “We are seeing ‘regulatory whiplash’ in the U.S.,” Ms. Wood said. “By moving t ...