ARK Invest Tokenizes $1.3 Billion Venture Fund via Securitize
ARK Invest is tokenizing its $1.3 billion ARK Venture Fund (ARKVX) using Securitize's infrastructure. The initiative tokenizes ownership and administration of the existing fund, which holds stakes in companies such as OpenAI, Anthropic, Stripe, and Databricks, rather than creating a new cryptocurrency product. This move follows ARK's strategic investment in Securitize in 2025 and aligns with a broader trend among major asset managers to utilize blockchain for traditional financial products.
Summaries are written by AI from the original article. Not investment advice.