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ARK Innovation ETF tokenized stock FTX

ARKK

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About ARK Innovation ETF tokenized stock FTX

ARKK is Exchange Traded Fund (ETF) tokenized stock that aims to achieve long-term capital growth by funding under normal circumstances. Tokenized stocks are the stocks that users purchase using cryptocurrency or traditional currencies on FTX. FTX is an advanced digital asset trading platform developed for customers with an easy-to-use interface.

Further, FTX is a cryptocurrency exchange platform developed by traders. The platform aims to offer new and innovative products, including industry-first derivatives, options, volatility products, and leveraged tokens. According to the FTX website, the exchange platform strives to develop a powerful ecosystem for professional trading firms and beginners. Moreover, the FTX platform for tokenized stocks aims to offer users the following:

Additionally, holding ARKK tokenized shares on FTX entitles users to dividends on the underlying shares. However, FTX takes all reasonable actions to have the tokens on FTX reflecting the underlying stock's corporate actions, including dividends and stock splits, with no voting rights to these shares.

The CEO and the founder of FTX is Sam Bankman-Fried. Besides this, Catherine Wood is the CIO and portfolio manager who registered ARK Investment Management LLC ("ARK") as a financial advisor in January 2014 with six active ETFs.

Market

Spain Market Stats

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Spain Market performance

Price change (1h)

+100%

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+100%

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+100%

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Price change (1m)

+100%

Price change (1y)

+100%

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ARK Innovation ETF tokenized stock FTX is on the rise this week.

The price of ARK Innovation ETF tokenized stock FTX has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. ARK Innovation ETF tokenized stock FTX’s price has also risen by 100.00% in the past week.

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