Cathie Wood, founder, CEO and CIO of ARK Invest, said that Circle (CRCL) has risen 84% since its IPO, while short-term stock markets still exhibit insufficient pricing efficiency. Visa (V) and Mastercard (MA) have risen approximately 33x and 150x, respectively, since going public in 2006 and 2008, benefiting analysts who recommended “buying the dip.” Wood believes that technology is driving changes in the traditional financial system and that Circle could become a major beneficiary.