Cathie Wood Brings $1.3 Billion Fund Holding SpaceX and OpenAI Onchain
Cathie Woods ARK Invest is tokenizing its ARK Venture Fund with Securitize, putting it on the Ethereum blockchain. The fund owns stakes in OpenAI, Anthropic, and SpaceX. OpenAI and Anthropic do not trade on any stock exchange. ARK and Securitize announced the move on Sept. 24. Bloomberg reported the funds size at about $1.3 billion. What the ARK Venture Fund Onchain Offers Investors Tokenizing means recording ownership as a digital token on a blockchain, a public ledger anyone can check. Eligible investors buying through Securitize get exposure to the funds portfolio this way, according to the release. Discover more Enterprise blockchain solutions Crypto trading course Digital payment systems That portfolio is mostly private. About 78% of the fund sat in companies without a public stock ticker as of August 31, ARKs holdings file shows. SpaceX was the top position at 7.54%. OpenAI made up 5.26% and Anthropic 3.86%. ARK first opened this door in September 2022. It launched the fund with a $500 minimum, calling venture capital a market long reserved for wealthy investors, its announcement said. The catch is the exit. The fund is an interval fund, so it buys back shares only at set times. Its prospectus schedules those buybacks quarterly, and the release warns they may be









