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Ark Invest's Crypto Asset Head Resigns...Cathie Wood "Cheering for the Next Journey"

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JOON HYOUNG LEE
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  • The resignation of Ark Invest's crypto asset head is noted as a significant issue for investors.
  • Elmandjra's role and contributions over the past few years have been crucial to the success of the crypto asset team.
  • Elmandjra's resignation could impact the direction of the crypto asset market and industry.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Cathie Wood, known as the 'Money Tree Sister', has announced that the head of crypto assets at Ark Invest has resigned.

Yassine Elmandjra, the Crypto Asset Director at Ark Invest, stated on X on the 8th, "Today is my last day working at Ark Invest," and described the past six and a half years as an "amazing journey."

Wood also shared on X, "Elmandjra has paved new paths and built the industry's best crypto asset team," and expressed her support for his next journey. The specific reasons for Elmandjra's resignation have not been disclosed.

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gilson@bloomingbit.ioCrypto Journalist