Cathie Wood Hops On Tokenization Hype Train, Says ‘We’d Love To Tokenize Our Venture Fund’
Ark Invest CEO Cathie Wood on Wednesday announced plans to bring the company’s funds on-chain through tokenization, signaling a strategic push into digital assets.
What Happened: Speaking at the Digital Asset Summit in New York on Tuesday, Wood expressed enthusiasm for transforming traditional investment vehicles, specifically mentioning the Venture Fund (ARKVX) and Digital Asset Revolution Fund, into blockchain-based tokens.
Her comments reflect Ark Invest’s ambition to capitalize on the growing tokenization trend, despite regulatory uncertainties in the U.S., while she also issued a cautionary note about the risks of meme coins.
Wood highlighted the potential of tokenization to reshape the financial landscape, stating, “We think tokenization …
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