ARK venture capital funds are also getting put on-chain.
According to CoinDesk, as cited by PANews, Cathie Wood’s ARK Invest has partnered with Securitize to tokenize the ARK Venture Fund (ARKVX), with an initial listing on Ethereum. The fund’s portfolio covers private tech companies such as OpenAI, Anthropic, Stripe, and Databricks. Securitize also plans to provide daily net asset values and support trading of fund interests on blockchain markets.
It’s worth noting that tokenization does not mean that the shares of the underlying invested companies themselves are put on-chain or made freely tradable. Investors receive a tokenized, blockchain-based form of the fund’s interests—not shares of OpenAI or Anthropic themselves. One observation is that traditional venture capital funds are starting to borrow on-chain shares and secondary trading to improve liquidity. Another observation is that the RWA narrative is extending from U.S. Treasuries and money market funds further into more scarce private tech exposures.
Are you more focused on how this model could affect ETH sentiment, or on the spread of the RWA sector?
Figure 1: ARK venture capital funds go on-chain · Source page partial screenshot
Image source: https://www.panewslab.com/zh/articles/01a0d389-0a24-7463-9607-c319f2c72b90
According to CoinDesk, as cited by PANews, Cathie Wood’s ARK Invest has partnered with Securitize to tokenize the ARK Venture Fund (ARKVX), with an initial listing on Ethereum. The fund’s portfolio covers private tech companies such as OpenAI, Anthropic, Stripe, and Databricks. Securitize also plans to provide daily net asset values and support trading of fund interests on blockchain markets.
It’s worth noting that tokenization does not mean that the shares of the underlying invested companies themselves are put on-chain or made freely tradable. Investors receive a tokenized, blockchain-based form of the fund’s interests—not shares of OpenAI or Anthropic themselves. One observation is that traditional venture capital funds are starting to borrow on-chain shares and secondary trading to improve liquidity. Another observation is that the RWA narrative is extending from U.S. Treasuries and money market funds further into more scarce private tech exposures.
Are you more focused on how this model could affect ETH sentiment, or on the spread of the RWA sector?
Figure 1: ARK venture capital funds go on-chain · Source page partial screenshot
Image source: https://www.panewslab.com/zh/articles/01a0d389-0a24-7463-9607-c319f2c72b90
