Briefly and to the point

  • ARK Invest is investing a $1.3 billion venture fund into Ethereum.

  • About 78% of the fund is invested in private companies such as OpenAI and Anthropic.

  • Investors can continue to withdraw funds only through quarterly redemptions.

Read the original story: Cathie Wood brings a $1.3 billion fund with SpaceX and OpenAI to Lockridge Okoth’s blockchain on de.beincrypto.com