ARK Venture Fund Opens to USDC Purchases via Securitize Token

The notable part is not the token wrapper but the funding rail: stablecoin subscriptions into a vehicle holding private, illiquid names like SpaceX and OpenAI. Tokenizing entry does nothing for exit, since redemptions still depend on the fund's quarterly repurchase offers, leaving a liquidity mismatch between how easily positions are bought and sold. The precedent matters most for platforms like Securitize, which are testing whether tokenized access can broaden distribution of venture exposure. Whether the structure draws meaningful inflows, and whether secondary transferability follows, is the open question.