ARK Invest and Securitize announced the tokenization of the ARK Venture Fund on September 24, 2026, putting a portfolio of private technology stakes on Ethereum with a minimum investment of $500.
The fund’s largest holdings are SpaceX at 7.54% and Kalshi at 5.81%, with OpenAI and Anthropic both in the top six—companies whose shares almost no individual investor can buy directly. What tokenization does not change is the exit. The fund’s shares are not listed on any exchange, no secondary market is expected to develop, and investors can get out only through periodic repurchase offers that may be oversubscribed.
Tokenized ARKVX will be available on Ethereum upon release, with Securitize providing the infrastructure supporting the fund’s on-chain issuance and investor experience. ARK Invest continues to manage the fund’s portfolio and investment strategy.
What the Fund Holds
ARKVX is an actively managed, non-diversified closed-end interval fund that invests across private and public companies tied to what ARK calls disruptive innovation. Its portfolio includes OpenAI, Anthropic, Stripe, and Databricks, alongside public holdings.
Securitize published the fund’s ten largest positions: SpaceX at 7.54%, Kalshi at 5.81%, Ayar Labs at 5.65%, OpenAI at 5.26%, Stripe at 4.16%, Anthropic at 3.86%, Lila Sciences at 3.71%, Crusoe and Tenstorrent at 3.68% each, and Figure at 2.35%. The firm said the fund holds more than 70 other companies, and that holdings are subject to change.
The appeal, in Securitize’s framing, is diversification across the AI race rather than a bet on one side of it. “If it is difficult to determine which of OpenAI and Anthropic will win the artificial intelligence race, investors can diversify across both companies through the ARK Venture Fund,” said Carlos Domingo, co-founder and chief executive of Securitize.
Securitize said the minimum investment is $500.
What Tokenization Changes, and What It Doesn’t
Tokenizing a fund means representing an investor’s interest in it as a blockchain record rather than an entry in a traditional register. It does not put the underlying companies on-chain, and it does not make shares of OpenAI or SpaceX freely tradable.
The fund’s structure remains what it was. ARK’s disclosures state that ARKVX is a non-diversified closed-end interval fund, that an investment involves risk including possible loss of principal, that its shares are not listed on a securities exchange, that no secondary market is expected to develop, and that shareholders may not be able to sell shares when desired. Liquidity is limited to periodic repurchase offers, which may be oversubscribed.
The announcement does not state whether tokenized interests can be transferred between holders or how any such transfers would interact with those repurchase terms. That is the central practical question for anyone weighing the product, and it is not addressed in the release.
Why ARK and Securitize
The two firms are already tied together financially. ARK’s strategic investment in Securitize was announced in October 2025, and the companies said it laid the groundwork for this collaboration, committing them to advancing institutional adoption of tokenized securities and broadening access to regulated investment products.
“Tokenizing the ARK Venture Fund puts our conviction in the evolution, if not revolution, of capital markets into practice,” said Cathie Wood, founder, chief executive, and chief investment officer of ARK Invest. She said tokenization has the potential to reshape how investors access both private and public markets and described making the fund available on-chain as “a natural extension of our mission to democratize access to technologically enabled disruptive innovation.”
Domingo said bringing ARKVX on-chain demonstrated how established investment products can move onto modern capital markets infrastructure.
Securitize said it has approximately $5 billion in assets under management as of August 2026 and works with asset managers including Apollo, BlackRock, BNY, Hamilton Lane, KKR, and VanEck. It listed on the New York Stock Exchange under the ticker SECZ in July, tokenizing its own shares on the first day of trading.
A Busy Week for Tokenized Funds
The announcement lands in the middle of a run of similar moves. On the same day, Ondo Finance launched three tokenized portfolios built on strategies supplied by BlackRock, and earlier this week NYSE Group signed a memorandum of understanding with Blockchain.com covering distribution of tokenized US equities and ETFs.
What distinguishes ARKVX is the asset class. Most tokenized funds so far have wrapped money market funds and Treasury products, instruments that are liquid and easy to price. A venture portfolio holding stakes in private companies is neither, which is what makes the access interesting and the exit terms worth reading closely.
