Key Takeaways
- • ARK Invest has tokenized its $1.3 billion ARK Venture Fund (ARKVX) on Ethereum through Securitize, with holdings, liquidity and minimum investment unchanged, according to the primary source.
- • Each token is backed one-to-one by fund shares held in custody by BNY Mellon, so investors receive an on-chain representation of fund equity rather than direct shares in portfolio companies.
- • The fund's holdings include private and public tech companies such as SpaceX, OpenAI, Anthropic, Stripe and Databricks.
- • The minimum investment starts at $500 and can be completed in USDC; the fund maintains a quarterly buyback window of typically up to about 5% of issued shares.
- • ARK previously made a strategic investment in Securitize, which provides the on-chain issuance and investor infrastructure for the offering.
Summary
The ARK Venture Fund is an actively managed closed-end interval fund with net assets of approximately $1.3 billion. Its holdings include private and public technology companies such as SpaceX, OpenAI, Anthropic, Stripe and Databricks. The tokenized version is issued on Ethereum, and each token is backed one-to-one by fund shares held in custody by BNY Mellon. Investors hold an on-chain representation of fund equity rather than direct shares in the portfolio companies. Tokenization changes the format of ownership without altering the underlying assets or rights.
The offering keeps the fund's existing terms in place. The minimum investment starts at $500 and can be completed in USDC, and the fund continues to run a quarterly buyback window, typically repurchasing up to about 5% of issued shares. ARK's previous strategic investment in Securitize, which provides on-chain issuance and investor-experience infrastructure, underpins the collaboration. Publisher context describes the offering as available to eligible investors with trading enabled around the clock on Ethereum, though the primary source does not detail those trading mechanics.
The launch reflects ARK's broader effort to convert its tokenization research into products, and Securitize has partnered with other asset managers on similar infrastructure. The primary source notes that traditional brokerage channels and non-chain shareholders may face relative pressure on access pathways as more funds move on-chain.
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