Cathie Wood's ARK Invest tokens $1.3 billion venture fund on Ethereum

Cathie Wood is officially putting skin in the tokenization game. ARK Invest just moved its $1.3 billion ARK Venture Fund onto the Ethereum blockchain, partnering with Securitize to bridge the gap between private equity and onchain liquidity. This isn't a play for speculative altcoins. The fund, known by its ticker ARKVX, holds heavyweight stakes in private tech giants like OpenAI, Anthropic, and Stripe. By moving these assets onchain, ARK allows investors to gain exposure to high-growth silicon valley firms through a digital wrapper. It's a calculated bet that the future of asset management lives on a public ledger rather than tucked away in legacy databases. The move follows a broader industry trend where giants like BlackRock have already validated the tech with their own tokenized offerings. If traditional venture capital becomes as tradable as a stablecoin, the wall between retail investors and elite private rounds might finally crumble. Will other legacy funds feel the pressure to follow suit before the year ends?