ARK Invest has moved its $1.3 billion ARK Venture Fund (ARKVX) onchain through Securitize, making it the first ARK fund to be tokenized.
The fund, which holds exposure to private and public technology companies such as OpenAI, Anthropic, Stripe and Databricks, is now available to eligible investors through Ethereum.
Through Securitize, investors get digital ownership of the blockchain version, while ARKVX maintains its current structure and liquidity rules.
Reports say the development could make tokenized fund interests more accessible 24/7, while the underlying fund keeps its existing redemption limits.
$ETH #Macro Insights# #ETHBlockchain
The fund, which holds exposure to private and public technology companies such as OpenAI, Anthropic, Stripe and Databricks, is now available to eligible investors through Ethereum.
Through Securitize, investors get digital ownership of the blockchain version, while ARKVX maintains its current structure and liquidity rules.
Reports say the development could make tokenized fund interests more accessible 24/7, while the underlying fund keeps its existing redemption limits.
$ETH #Macro Insights# #ETHBlockchain