ARK Invest Tokenizes Venture Fund on Ethereum, Offering Exposure to SpaceX and OpenAI

ARK Invest and Securitize have tokenized the ARK Venture Fund (ARKVX) on Ethereum, allowing eligible U.S. investors to purchase shares using USDC. The fund holds a mix of public and private companies, including SpaceX, OpenAI, Anthropic, and Kalshi. As of June 30, the fund had $1.3 billion in net assets, with 62% allocated to private firms. Investors must have a verified Securitize account and an approved wallet to participate, with a $500 minimum for the initial investment. The tokens are backed one-to-one by ARKVX shares held by BNY Mellon, and liquidity is provided through quarterly repurchase offers.