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Facebook Has Set Big Ambitions For Digital Wallet But Ark Says Plan Looks Easier In Theory Than Practice

Facebook Has Set Big Ambitions For Digital Wallet But Ark Says Plan Looks Easier In Theory Than Practice

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The growing buzz around Facebook Inc’s (NASDAQ:FB) Novi wallet has not escaped the notice of Cathie Wood-led Ark Invest, which expounded on the struggles of both Novi and the associated cryptocurrency Diem. What Happened: Ark analyst  Max Friedrich observed in Ark’s latest newsletter that Novi plans to go-to-market with free person-to-person payments available within the United States and abroad.

...read full article on Benzinga

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