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ARK Invest Tokenises Venture Fund With OpenAI and Anthropic Stakes via Securitize


Key points

  • ARK Invest is tokenising ARKVX, its actively managed interval fund, using Securitize's infrastructure, with onchain issuance launching first on Ethereum.
  • The fund's portfolio includes private and public companies such as OpenAI, Anthropic, Stripe and Databricks; tokenisation represents investors' fund interests, not the underlying company shares.
  • Securitize will provide a daily net asset value and enable fund interests to trade on blockchain-based markets.
  • Securitize shares rose as much as 15% on the news, reaching a post-IPO high, days after the SEC unveiled a five-year innovation exemption for tokenised stock trading on onchain venues.
  • Citi analysts project tokenised securities could reach $5.5 trillion by 2030, and this deal reflects a broader shift from Treasury-focused tokenisation into equities and private markets.

ARK Invest is bringing its ARK Venture Fund (ARKVX) onto blockchain rails through a partnership with tokenisation platform Securitize, giving eligible investors onchain exposure to a portfolio that includes private technology companies such as OpenAI, Anthropic, Stripe and Databricks. Tokenised fund interests will be issued first on Ethereum, with other networks potentially added later, and Securitize will handle both onchain issuance and the investor experience, including a daily net asset value feed.

The arrangement does not place the underlying portfolio companies onchain or make their shares freely tradable. Instead, investors receive a blockchain-based representation of their interest in the interval fund, which continues to hold those assets in traditional form. Securitize chief executive Carlos Domingo framed the appeal as diversified exposure to the most sought-after private artificial intelligence names at a moment when their competitive outcomes remain uncertain.

The partnership extends a relationship that ARK established when it made a strategic investment in Securitize the previous year and committed to bringing more regulated products onchain. It arrives shortly after the US Securities and Exchange Commission (SEC) introduced a five-year innovation exemption intended to ease tokenised stock trading on specially designed onchain venues, a development that sent Securitize shares up as much as 15% to their highest level since the company’s public debut in June. Citi analysts have projected that tokenised securities could reach $5.5 trillion by 2030 as a base case, and this move by ARK signals the industry’s push beyond the early Treasury and money-market tokenisation playbook into private markets territory.

Original source

Coindesk Markets desk

coindesk.com