ARK Tokenizes $1.3B Venture Fund with Securitize Partnership

ARK Invest has tokenized its $1.3 billion ARK Venture Fund through Securitize, making it the first fund to move onchain.

The fund invests in private and public technology companies, including OpenAI, Anthropic, Stripe, and Databricks.

Securitize will provide the tokenization infrastructure, allowing fund interests to be represented and administered onchain without changing the underlying investment strategy.

This is not a new cryptocurrency or freely tradeable tokens for the underlying private companies, but rather the asset being tokenized is the fund interest itself.