ARK Brings Tokenized Shares to Ethereum, But Exit Doors Remain Locked
ARK Invest and Securitize have partnered to put tokenized interests in the ARK Venture Fund on Ethereum.
This move allows eligible investors to hold shares of the fund's exposure through a managed investment vehicle, giving them a stake in its performance.
The tokenized interests represent a new ownership route for the fund, but there are still limited exit options for shareholders who want to sell their shares.
According to the announcement, Securitize will handle on-chain issuance and investor experience. However, shares remain hard to sell, with only quarterly repurchase requests available from ARKVX investors.