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ARK Tokenizes OpenAI-Holding Venture Fund on Ethereum

5 min read
Large official navy ARK Invest logo on a light wall beside a greyscale stack of unbranded venture fund documents and a blank share certificate.

TL;DR

  • ARK Invest and Securitize announced tokenized interests in the ARK Venture Fund, with Ethereum as the initial blockchain.
  • The fund owns private and public technology investments, including OpenAI, Anthropic, Stripe and Databricks; their individual shares are not being tokenized by this announcement.
  • ARK's interval-fund rules still limit liquidity to periodic repurchase offers, and the fund expects no secondary market for its shares.

MIAMI, September 24, 2026

ARK Invest and Securitize announced Thursday that they are bringing interests in the ARK Venture Fund to Ethereum, linking a portfolio that includes OpenAI to blockchain-based ownership records as asset managers expand tokenized funds beyond cash and bonds.

The September 24 announcement concerns ARKVX, an existing closed-end interval fund managed by Cathie Wood’s firm. Securitize will provide the infrastructure for issuing the fund interests onchain and handling the investor experience. The underlying stakes in OpenAI and other companies are not themselves being turned into freely traded tokens.

Ether traded near $2,673 during the announcement day, with roughly $14 billion in 24-hour volume and a market value near $326 billion, according to a CoinGecko market snapshot. Those figures describe the network’s traded asset, not the value of ARKVX or demand for the new fund channel. The companies disclosed no tokenized ARKVX subscription total or onchain asset balance.

ARK founder Cathie Wood said in the release that making the fund available onchain extends the firm’s effort to widen access to private and public innovation investments. Securitize said tokenized ARKVX will be available on Ethereum upon release, but the announcement did not provide a contract address or exact release time.

Ethereum

ETH
August 26 to September 24, 2026
$2,673
+9.5%
Aug 26 - Sep 24 | High $2,775 • Low $2,391

The chart uses CoinGecko’s daily historical ETH prices and a September 24 intraday point. Ether’s movement should not be read as a response to the ARKVX announcement.

ARKVX Brings Venture Fund Interests to Ethereum

ARKVX is an actively managed fund holding private and public companies. The company announcement names OpenAI, Anthropic, Stripe and Databricks among its investments, while cautioning that holdings can change. Investors in ARKVX get exposure through the fund’s portfolio rather than direct title to any of those companies’ shares.

That distinction matters for the tokenization claim. A blockchain record can represent an investor’s fund interest and support issuance and servicing, but it does not alter the rights attached to the private companies in the portfolio. ARK has not announced an OpenAI or Anthropic stock token in this deal.

Securitize, which manages digital-securities infrastructure, said eligible investors will be able to access tokenized ARKVX through its platform. Its release did not state how many new investors have subscribed, the chain address for the fund interests, or whether other networks are planned. It described Ethereum as the chain at release.

The deal expands a relationship announced in October 2025, when ARK made a strategic investment in Securitize. Securitize has also been issuing other tokenized funds, including the Neuberger high-income strategy. ARKVX adds venture and private-company exposure to that mix rather than another tokenized Treasury or bond product.

ARK Fund Liquidity Rules Still Apply

The most important qualification is in ARK’s own fund disclosures. ARKVX is an interval fund, meaning shareholders generally seek liquidity through scheduled repurchase offers instead of selling whenever they want on an exchange. ARK says the shares will not be exchange-listed, no secondary market is expected to develop, and repurchase offers may be oversubscribed.

The September 24 release did not say that tokenization changes those rules. An onchain ownership record is therefore not evidence of round-the-clock trading, instant redemption or access to individual private-company shares. Any future trading arrangement would require a separately disclosed mechanism and terms.

ARK’s fund page lists a 2.90% net expense ratio and a 3.49% gross expense ratio under the cited prospectus. It also warns that private-company valuations can be uncertain and early-stage holdings can fail. Investors need to assess those fund-level costs and risks separately from the technical benefits of recording interests on Ethereum.

ARK has long offered the conventional fund through retail channels, and its investor page describes a $500 minimum through SoFi or Titan. The new Securitize release says access is for eligible investors but does not specify every geographic, account or minimum-investment condition for the tokenized channel. The older retail minimum should not be assumed to apply unchanged to every onchain subscription.

Ethereum Launch Leaves Key Details Open

The planned ARKVX issuance arrives amid a broader push to put fund interests on public chains. Daily Crypto Briefs has covered BlackRock’s BUIDL distribution through UniswapX, a different asset class focused on tokenized government securities. ARK’s move tests whether the same infrastructure can handle interests in a fund built around less liquid private investments.

Regulatory treatment and resale rights remain central to that distinction. The SEC’s recent tokenized-stock exemption concerns defined trading venues and conditions; Thursday’s ARKVX release did not state that the fund would use that exemption or gain a stock-like secondary market. Onchain issuance should not be conflated with permission to trade freely.

Fear & Greed Index

September 24, 2026
71 Greed

The Alternative.me sentiment index read 71 on September 24. It reflects broader crypto-market sentiment, not investor demand for ARKVX or a valuation of the fund’s private holdings.

The next verifiable milestones are Securitize’s investor terms, an Ethereum contract address and a disclosed tokenized balance. Until those appear, the announcement establishes the companies’ plan and initial chain, while ARK’s published limits on selling fund shares remain the operative investor constraint.

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Fact-checked by: Daily Crypto Briefs Fact-Check Desk

Frequently Asked Questions

What did ARK Invest tokenize?

ARK is making interests in its existing ARK Venture Fund available through Securitize's onchain infrastructure. The announcement does not tokenize the fund's individual holdings.

Which blockchain will host tokenized ARKVX?

The companies said tokenized ARKVX will be available on Ethereum upon release. They did not give a token contract address or a release date in the announcement.

Can investors trade tokenized ARKVX around the clock?

ARK says fund shares are not exchange-listed, no secondary market is expected, and liquidity is limited to periodic repurchase offers that can be oversubscribed. The September 24 announcement did not override those terms.

Does buying ARKVX give direct ownership of OpenAI shares?

No. Investors own an interest in a diversified fund whose portfolio includes OpenAI and other public and private companies; they do not directly own or receive tokenized shares of each holding.

Who can access the tokenized fund?

The announcement says eligible investors can access the fund through Securitize. It does not specify all onboarding, geographic or account requirements for the tokenized channel.