Cathie Wood splashes another $9.2 million on Coinbase

Cathie Wood has resumed loading up shares of Coinbase. Wood’s ARK investment has now purchased 162,325 shares of the crypto exchange.

ARK’s previous purchase of Coinbase shares was in mid-January when it bought $3.3 million worth of shares.

ARK’s big buy comes at a time U.S. regulators are increasing their scrutiny of the digital assets industry.

Earlier on Monday, reported that Paxos is being targeted by the SEC’s enforcement campaign over its Binance USD (BUSD) token.

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