ARKVX Blazes Trail as First Tokenized Venture Fund on Ethereum
ARK Invest has taken its Venture Fund onto the Ethereum blockchain, allowing eligible investors to subscribe and redeem their holdings entirely onchain using USDC. The fund, listed as ARKVX, processed its first tokenized subscriptions through Securitize's platform on September 24, 2026.
The $1.3 billion actively managed fund holds stakes in private companies like SpaceX and OpenAI. Investors can now access the fund through a crypto wallet and a stablecoin transfer. The subscription flow is based on the ERC-7540 standard, which handles asynchronous vault requests.
NAV stood at $60.49 per share just before the token launch on September 23, 2026. A 2% subscription fee is deducted before NAV is applied, so investors are effectively paying that fee on the gross amount sent before their share count is determined.