ARK Invest Seeks SEC Approval for Tokenized Share Class in Venture Fund
ARK Invest has filed an exemptive application with the SEC to allow its ARK Venture Fund to record ownership of a new share class via distributed ledger technology. The proposal would enable these shares to be traded on registered Alternative Trading System (ATS) venues. The deadline for submitting hearing requests is September 18.
Summaries are written by AI from the original article. Not investment advice.