ARK Invest Tokenizes $1.3 Billion Venture Fund on Ethereum

ARK Invest, led by Cathie Wood, has tokenized its $1.3 billion venture fund on Ethereum through collaboration with Securitize.

This move marks ARK's first foray into fund tokenization and is considered one of the largest such efforts in the venture space to date.

The ARK Venture Fund provides a regulated, blockchain-based tokenized interest in the fund itself, rather than directly tokenizing shares in underlying portfolio companies.