🚨 BREAKING 🚨
ARK Invest is partnering with Securitize to tokenize the ARK Venture Fund (ARKVX) and bring it onchain.
⛓️ The fund will initially launch on Ethereum, with other blockchains potentially added later.
🤖 The fund provides eligible investors exposure to private and public companies including OpenAI, Anthropic, Stripe and Databricks.
💰 Investors will receive blockchain-based representations of their fund interests; the underlying private-company shares themselves will not become freely tradable onchain.
📊 Securitize plans to provide a daily NAV and enable the tokenized fund interests to trade on blockchain-based markets.
🔥 The move highlights growing adoption of tokenized real-world assets and traditional investment products on blockchain networks.
$ETH
#OpenAI #Anthropic
ARK Invest is partnering with Securitize to tokenize the ARK Venture Fund (ARKVX) and bring it onchain.
⛓️ The fund will initially launch on Ethereum, with other blockchains potentially added later.
🤖 The fund provides eligible investors exposure to private and public companies including OpenAI, Anthropic, Stripe and Databricks.
💰 Investors will receive blockchain-based representations of their fund interests; the underlying private-company shares themselves will not become freely tradable onchain.
📊 Securitize plans to provide a daily NAV and enable the tokenized fund interests to trade on blockchain-based markets.
🔥 The move highlights growing adoption of tokenized real-world assets and traditional investment products on blockchain networks.
$ETH
#OpenAI #Anthropic
