ARK Invest tokenizes $1.3 billion ARK Venture Fund on-chain via Securitize
Odaily reports that Cathie Wood's ARK Invest has announced the tokenization of its approximately $1.3 billion ARK Venture Fund (ARKVX) through Securitize, marking the first fund under ARK to be officially brought on-chain.
ARKVX is an actively managed fund with an investment scope covering private and public market technology companies. Its current portfolio includes companies such as OpenAI, Anthropic, Stripe, and Databricks. The tokenization will not change the fund's investment strategy; rather, it will move existing fund shares onto blockchain infrastructure.
The tokenized version will be deployed on Ethereum and made available to eligible investors through Securitize. Securitize will be responsible for fund issuance, investor onboarding, and the related on-chain infrastructure.
ARK Invest founder and CEO Cathie Wood stated that tokenizing the ARK Venture Fund is a practical implementation of the company's assessment of the future evolution—even "revolution"—of capital markets. She believes that tokenization has the potential to fundamentally change the way investors participate in private and public financial markets.
