ARK Invest to tokenize ARK Venture Fund shares on Ethereum
- —OpenAI's share of the ARK Venture Fund rose to 5.26% as of August 31 from 2.59% in February
- —SpaceX is the largest holding at 7.54%, followed by Calci at 5.81% and IRLabs at 5.65%
- —Tokenized fund shares will be issued on Ethereum with Securitize as infrastructure provider
- —Only fund shares are tokenized, not OpenAI stock; valuation and redemption terms are unchanged
Why it matters: Tokenizing closed-end fund shares widens blockchain access to private assets, but valuation uncertainty and limited liquidity remain.
Source: TokenPost