The head of an investment company is confident in the exponential growth of bitcoin

ARK Invest CEO Katherine Wood told the In the Know podcast that the company’s current strategy is based on the exponential growth of bitcoin in the near future and the growth of the cryptocurrency market in the next decade.

«Thecurrent decline in the stock and bond markets, commodity markets, and cryptocurrency markets is causing negative sentiment among investors. But we are not planning our actions in such small steps, on the contrary, we are excited, filled with hope and optimism. I can’t even tell you how confident we are that our products will change the world and they are already on an exponential growth trajectory.»

According to Wood, blockchain is among the technologies that offer opportunities for exponential growth. According to her, such sectors of the economy will grow more than 20 times in the next decade. «I've been in this business for 45 years and I’ve never seen the opportunities I see now,» the Ark Invest CEO says frankly.

In addition to blockchain, Ms. Wood advised paying attention to alternative energy, artificial intelligence, and robotics. ARK Invest manages $ 50 billion in assets.