ARK Invest Tokenizes Flagship Venture Fund on Ethereum
ARK Invest has tokenized its flagship venture approach on Ethereum using Securitize, allowing select investors to access private firms like OpenAI and Stripe.
The ARK Venture Fund, with $1.3 billion in assets, has been transferred onto the blockchain, giving investors a liquid stake in legacy holdings.
The fund's structure offers tokenized investor interest in a regulated fund rather than direct ownership of underlying companies.
Securitize, which manages over $5 billion in tokenized assets, issued the ARKVX token on Ethereum, allowing for blockchain-enabled access to private firms.