ARK Invest, an American asset-management company, completed the acquisition of Rize ETF, an operator of a thematic ETF issuer company based in London, United Kingdom. Financial terms were not disclosed. "Today's acquisition advances ARK Invest's commitment to offer high-quality thematic investment solutions to a global investor audience, particularly European investors who have not been able to access our products. We believe that the European ETF market presents a strong growth opportunity as new and younger investors continue to gain access to ETFs via the growth of digital platforms, and as active ETFs increase market share by meeting the demand for innovative investment exposures. We are delighted to welcome the talented Rize ETF team into the ARK family. By merging its passion for thematic and sustainable index investing with ARK's innovative actively managed approach centered on disruptive innovation, we can offer our clients a more diverse array of investment options to invest in the future. Together, we will continue to educate and empower investors, helping them to achieve their long-term financial goals," Cathie Wood, ARK Invest, Founder, CIO, and CEO.