ARK Invest, Securitize (SECZ) tokenize venture fund with OpenAI, Anthropic stakes on Ethereum
Summary
ARK Invest will tokenize interests in its ARK Venture Fund (ARKVX) through Securitize, initially on Ethereum. The fund holds stakes in private companies including OpenAI, Anthropic, Stripe and Databricks. Investors will receive blockchain-based representations of fund interests; the underlying companies’ shares will remain private. Securitize plans to provide daily net asset values and enable trading on blockchain markets. The move expands tokenization beyond Treasury and money-market products and follows a new SEC framework for certain tokenized stock trading. Securitize shares rose as much as 15% after the announcement.
