ARK Invest partners with Securitize to tokenize its venture fund. According to Jinsecai, Cathie Wood’s asset management firm, ARK Invest, has announced a partnership with the tokenization platform Securitize to tokenize its ARK Venture Fund (ARKVX), whose portfolio includes leading private tech companies such as OpenAI, Anthropic, Stripe, and Databricks. The tokens will initially be issued on Ethereum, with potential expansion to other blockchains in the future. Securitize will manage the on-chain issuance and investor experience, and plans to offer daily net asset value updates and on-chain secondary market trading. Notably, the underlying assets themselves will not be directly tokenized; investors will hold on-chain tokens representing their equity stake in the fund. ARK has previously made a strategic investment in Securitize, and both parties plan to continue collaborating to bring more compliant investment products on-chain.
ARK Invest Partners with Securitize to Tokenize Venture Fund
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Summary
ARK Invest has partnered with Securitize to tokenize its ARK Venture Fund (ARKVX), a development covered in on-chain news. The fund holds stakes in OpenAI, Anthropic, Stripe, and Databricks. Tokenized interests will launch on Ethereum, with potential expansion to other blockchains. Securitize will manage issuance and the investor experience, including daily net asset value calculations and on-chain secondary trading. The tokens represent ownership in the fund, not direct ownership of the underlying assets. ARK previously invested in Securitize and plans to expand its portfolio of compliant blockchain-based products.
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