Cathie Wood's ARK Venture Fund invests $10 million in tokenization company Securitize
Suehyeon Lee
Summary
- ARK Venture Fund said it invested $10 million in Securitize.
- Securitize said it became the ARK Venture Fund's eighth-largest holding.
- Securitize has tokenized a total of $4.6 billion in assets to date and operates the $2.8 billion BlackRock BUIDL fund.
The ARK Venture Fund, led by Cathie Wood, invested about $10 million in Securitize, a tokenization company backed by BlackRock.
According to CoinDesk on the 7th (local time), the ARK Venture Fund invested $10 million in Securitize, and through this investment Securitize became the ARK Venture Fund's eighth-largest holding.
Securitize has tokenized a total of $4.6 billion in assets to date, and it also operates the BlackRock BUIDL fund with $2.8 billion in assets under management (AUM).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
