ARK Invest Tokenizes $1.3B ARK Venture Fund on Ethereum via Securitize

This is less a crypto-native experiment than a mainstream asset manager using token rails for an existing vehicle, with Securitize carrying the compliance and onboarding load — a pattern worth noting as tokenization shifts from new products toward wrapping established funds. The private names in the portfolio are the real signal: exposure to late-stage AI and fintech companies has historically been gated by accreditation and platform access, and on-chain issuance could widen the eligible pool without changing the strategy. Whether other issuers follow with their own flagship funds, and how secondary transfer of these shares is actually handled, is the open question.