Cathie Wood’s ARK Invest is moving its venture fund onto blockchain technology, enabling tokenized interests in a portfolio including companies like OpenAI, Anthropic, Stripe, and Databricks. The ARK Venture Fund (ARKVX) will leverage infrastructure from Securitize, which will manage the on-chain issuance and investor experience. Initially available on the Ethereum network, there’s potential for future expansion to other blockchains.
Wood emphasized that this development aligns with ARK’s mission to democratize access to innovative technology investments. Securitize’s CEO, Carlos Domingo, highlighted the advantage of providing investors with diversified exposure to elite private tech firms, making ARKVX an attractive option for those uncertain about specific frontrunners in the AI sector.
