ARK partners with Securitize to put venture fund interests on Ethereum with limited exits

ARK Invest and Securitize announced on Sept. 24 that eligible investors would be able to hold tokenized interests in the ARK Venture Fund on Ethereum. ARKVX invests across private and public technology companies. The tokenized interests represent exposure through the managed fund and give holders a stake in ARKVX. Securitize will handle the on-chain issuance and investor experience. ARK's 2026 calendar sets Sept. 30 as the next repurchase request deadline. The fund offers to buy back up to 5 percent of its outstanding shares at net asset value each quarter. The launch terms leave open whether investors acquiring tokenized interests after Sept. 24 can participate in this month's offer. The shares are unlisted. No secondary market is expected. A Sept. 21 SEC order permits ARK to offer a tokenized share class that may trade on alternative trading systems or appear on other quotation services. Trading would depend on whether trading begins and whether buyers emerge. Only approved wallets may hold the tokenized shares. ARK does not expect a robust trading market at the outset. Alternative-system, over-the-counter and peer-to-peer transactions are possible subject to those controls. Repurchase offers are allocated across the entire fund, so the tokenized class has no separate buyback pool.