ARK Invest partners with Securitize to tokenize its ARK Venture Fund on-chain.

BlockBeats news, September 24: Cathie Wood's ARK Invest has announced a partnership with tokenization platform Securitize to tokenize its ARK Venture Fund (ARKVX), whose holdings include leading private tech companies such as OpenAI, Anthropic, Stripe, and Databricks. The tokenized interests will initially be issued on Ethereum, with potential expansion to other chains later. Securitize will handle on-chain issuance and investor experience, and plans to provide daily net asset value and on-chain secondary market trading functionality.

Additionally, tokenization does not put the underlying assets directly on-chain; investors hold on-chain certificates representing fund interests. ARK has previously made a strategic investment in Securitize, and the two parties will continue to collaborate to bring more compliant investment products on-chain.