Home/News/Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes
ETHUSD

Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes

CoinDeskPublished on 6 hours ago

The ARK Venture Fund is bringing exposure to sought-after private tech companies onchain through Securitize, first on Ethereum then potentially expanding to other chains.

Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes

The ARK Venture Fund is bringing exposure to sought-after private tech companies onchain through Securitize, first on Ethereum then potentially expanding to other chains.

Asset manager ARK Invest is tokenizing its ARK Venture Fund (ARKVX) with Securitize (SECZ), joining a wave of Wall Street asset managers bringing investment products onto blockchain rails. The fund gives eligible investors exposure to private and public companies including OpenAI, Anthropic, Stripe and Databricks. The move builds on a relationship that began with ARK's strategic investment in Securitize last year.

Cathie Wood's ARK Invest is putting its venture fund on blockchain rails, bringing a portfolio that includes stakes in OpenAI, Anthropic, Stripe and Databricks onto blockchain rails.

The ARK Venture Fund (ARKVX) will issue tokenized interests using infrastructure from Securitize (SECZ), with the tokenization firm handling onchain issuance and the investor experience.

ARKVX will be first available on Ethereum

ETH$2,648.01

with other networks potentially following, the firms said.

“Making the ARK Venture Fund available onchain is a natural extension of our mission to democratize access to technologically enabled disruptive innovation,” Wood, ARK's founder, CEO and chief investment officer, said in a statement.

For Securitize CEO Carlos Domingo, one draw is giving investors diversified exposure to sought-after private technology companies.

“If you don't know whether OpenAI or Anthropic are gonna win the AI race, here you get both of them in a diversified pool,” Domingo told CoinDesk TV.

ARK is joining a roster of Wall Street firms being drawn to tokenization as asset managers look to put traditional financial products on blockchain rails. Much of the early attempts, like BlackRock’s BUIDL and Franklin Templeton’s BENJI funds, centered on U.S. Treasuries and money-market products, but firms are now pushing further into equities and private markets. Citi analysts projected that tokenized securities could reach $5.5 trillion by 2030 as its base case.

The sector also got a regulatory boost last week when the Securities and Exchange Commission unveiled a five-year “innovation exemption” allowing certain tokenized U.S. stocks to trade on specially designed onchain venues. The framework gives financial firms another pathway to experiment with blockchain-based securities as regulators seek to bring more of the market onchain.

ARKVX is an actively managed interval fund investing across private and publicly traded companies. Tokenizing it doesn't put those individual companies onchain or make their shares freely tradable. Investors instead receive a blockchain-based representation of their interest in the fund.

“The underlying assets will still remain private, but the investment of the end users will be liquid,” Domingo said.

Securitize also plans to provide a daily net asset value and enable the fund interests to trade on blockchain-based markets.

The deal also builds on the existing relationship between the two firms. ARK made a strategic investment in Securitize last year and agreed to bring more regulated investment products onchain.

1Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push15 minutes ago 2Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case43 minutes ago 3EU's financial regulator to make AI and tokenization a supervisory priority in 202748 minutes ago 4Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme1 hour ago 5Litecoin token has its moment as network activity booms1 hour ago 6Live updates: Bitcoin falls to $83,000 as bond yields take center stage1 hour ago 7Bitcoin slides to $83,300 as bond yields hit highest level since 20072 hours ago 8Traders price in 4 Fed rate hikes by June 2027 as bitcoin slides below $83,0003 hours ago 9The data proves it: Bitcoin doesn't care about rising bond yields over long-term3 hours ago 10EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption3 hours ago

The Definitive Stablecoin Landscape Series: Asia Pacific

The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters:

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push

Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case

Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme

Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push

Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case

EU's financial regulator to make AI and tokenization a supervisory priority in 2027