Ark Invest Brings $1.3 Billion Venture Fund to Ethereum Through Tokenization

Cathie Wood's Ark Invest is bringing its $1.3 billion ARK Venture Fund, or ARKVX, on-chain to the Ethereum network through tokenization platform Securitize.

The firm will maintain its existing actively managed fund strategy and portfolio management approach, which invests in private and public technology companies including OpenAI, Anthropic, Stripe, and Databricks.

ARKVX currently has net assets of about $1.3 billion, and eligible investors will be able to access the fund through Securitize's platform.

Cathie Wood said tokenizing the ARK Venture Fund puts into action the firm's conviction in the evolution of capital markets and their potential revolution through tokenization.