Cathie Wood’s ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes
Cathie Wooden’s $ARK Make investments is placing its enterprise fund on blockchain rails, bringing a portfolio that features stakes in OpenAI, Anthropic, Stripe and Databricks onto blockchain rails.
The $ARK Enterprise Fund (ARKVX) will subject tokenized pursuits utilizing infrastructure from Securitize (SECZ), with the tokenization agency dealing with onchain issuance and the investor expertise.
ARKVX will probably be first accessible on Ethereum
ETH$2,648.01
with different networks probably following, the companies stated.
“Making the $ARK Enterprise Fund accessible onchain is a pure extension of our mission to democratize entry to technologically enabled disruptive innovation,” Wooden, $ARK‘s founder, CEO and chief funding officer, stated in a press release.
For Securitize CEO Carlos Domingo, one draw is giving buyers diversified publicity to sought-after non-public expertise firms.
“If you do not know whether or not OpenAI or Anthropic are gonna win the AI race, right here you get each of them in a diversified pool,” Domingo advised CoinDesk TV.
