Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes
Cathie Wood's ARK Invest is putting its ARK Venture Fund (ARKVX), which includes stakes in OpenAI, Anthropic, Stripe and Databricks, on blockchain rails. The fund will issue tokenized interests using Securitize's infrastructure, initially on Ethereum, with potential expansion to other networks. Wood stated this move is a "natural extension of our mission to democratize access to technologically enabled disruptive innovation." Securitize CEO Carlos Domingo noted it offers investors diversified exposure to sought-after private tech companies. This follows a regulatory boost last week when the SEC unveiled an "innovation exemption" for certain tokenized U.S. stocks to trade on specially designed onchain venues.
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