ARK Invest Tokenizes $1.3B Venture Fund on Ethereum

ARK Invest has tokenized its $1.3 billion ARK Venture Fund (ARKVX) on Ethereum through a partnership with Securitize.

The move, announced September 24, brings ARK's first fund onto the blockchain, making it available to eligible investors.

Securitize will provide issuance and investor infrastructure for the tokenized fund, according to an announcement by both companies.

The arrangement tokenizes ARKVX's ownership and distribution infrastructure without changing its investment strategy or turning it into a separate crypto-focused portfolio.