ARK Venture Fund Goes Blockchain as Wood Deepens Tokenization Ties

Cathie Wood's ARK Venture Fund is taking its investments to the blockchain for the first time. The $1.3 billion closed-end interval fund, launched in 2022, will be moved by Securitize Corp., a tokenization platform where ARK Invest has a stake. This move deepens Wood's ties to the growing world of tokenized assets as Wall Street experiments with new financial infrastructure.

The ARK Venture Fund invests in public and private companies like Anthropic, Kalshi Inc., Elon Musk's SpaceX, and Stripe Inc. The fund will be available on Ethereum after being moved to the blockchain by Securitize Corp. This is a significant development for Wood and her investment firm as they continue to explore new ways to manage their investments.