ARK Invest Brings Flagship Strategy to Ethereum via Securitize Tokenization
ARK Invest has tokenized its flagship strategy, the ARK Venture Fund (ARKVX), on Ethereum via Securitize Corp. This move makes the actively managed fund available on-chain for the first time.
The tokenization process allows eligible investors to access leading private technology companies through blockchain-based infrastructure. The fund's portfolio includes stakes in OpenAI, Anthropic, Stripe, and Databricks among others.
According to Cathie Wood, founder of ARK Invest, 'tokenizing the ARK Venture Fund puts our conviction in the evolution, if not revolution, of capital markets into practice.' Securitize's CEO Carlos Domingo added that this launch demonstrates how established managers can move existing products onto modern rails.
Securitize reports around $5 billion in assets under management as of August and has a regulatory footprint in both the US and the EU. The company counts prominent partners such as Apollo, BlackRock, and VanEck among its clients.