ARK, Securitize Tokenize ARK Venture Fund Shares on Ethereum

ARK Invest and Securitize announced on Sept. 24 that eligible investors can hold tokenized interests in the ARK Venture Fund on the Ethereum blockchain. The tokenized interests represent ownership in ARKVX, ARK Invest’s interval fund that invests in private and public technology companies. Securitize will handle on-chain issuance and the investor experience.

The new token class operates on Ethereum but does not alter the fund’s existing liquidity rules or repurchase schedule. Tokenized shares are unlisted and subject to wallet-level controls that restrict immediate resale options.

ARK’s published calendar sets Sept. 30 as the next deadline for repurchase requests. The fund will buy back up to 5% of outstanding shares at net asset value each quarter. The launch materials do not make clear whether tokenized interests acquired after Sept. 24 are eligible for the September repurchase window.

A Sept. 21 SEC order authorizes ARK to offer a tokenized share class that could trade on alternative trading systems or appear on quotation services in the future. The fund’s application adds limits: only approved wallets may hold the tokenized shares, and the fund does not expect a robust trading market at the start.

The launch disclosure states no secondary market is expected initially. The filing outlines possible future routes including alternative-system trading, over-the-counter transactions and peer-to-peer transfers, each subject to wallet controls and other restrictions.

Repurchase offers are allocated across the entire fund, so the tokenized class does not have a separate buyback pool. Quarterly repurchases can be reduced if redemption requests exceed the 5% cap.

Documentation emphasizes operational and regulatory controls for eligible wallets and transfer methods. Until a regulated trading venue is established and buyers appear, tokenized holders will rely on the fund’s periodic repurchase process for liquidity.