Ark Invest is moving its roughly $1.3 billion ARK Venture Fund onto Ethereum through a partnership with Securitize. The tokenized fund will give eligible investors a blockchain-based way to hold interests in the actively managed closed-end interval fund, which invests in private and public companies.
The ARK Venture Fund, or ARKVX, launched in September 2022 and holds stakes in technology companies including OpenAI, Anthropic, Stripe, and Databricks. The fund targets roughly 80% private company holdings and 20% public company holdings.
What Gets Tokenized
Securitize will manage the onchain infrastructure and issuance on Ethereum. Importantly, the tokenization affects how investors hold their fund shares, not the underlying portfolio itself. Investors receive an onchain representation of their interests in ARKVX, rather than direct blockchain-native shares of the portfolio companies.
As a closed-end interval fund, ARKVX operates differently from typical investment products. Investors cannot redeem shares at will. Instead, the fund offers quarterly repurchase windows for approximately 5% of outstanding shares, with requests subject to reduction if redemption requests exceed available capacity.
Fund Performance
ARKVX's net asset value has grown significantly since inception. The fund's NAV started near $20 in 2022 and reached approximately $60.50 by September 23, 2026. Annual returns varied considerably: 61% in 2023, 7% in 2024, 56% in 2025, and approximately 32% through late September 2026. In the second quarter of 2026, the fund posted a 20.21% return, with SpaceX and Anthropic identified as major contributors to performance.
The fund carries a net expense ratio of approximately 2.90% and maintains limited liquidity, as valuations of private holdings can shift when companies raise capital.
Strategic Partnership
Ark Invest had previously invested in Securitize in October 2025. Cathie Wood, founder and CEO of Ark Invest, stated that tokenizing the venture fund demonstrates the firm's conviction in capital market evolution through blockchain technology.
