ARK Invest and Securitize have tokenized interests in ARK’s roughly $1.3 billion ARK Venture Fund, ARKVX, on Ethereum for eligible investors. The tokenized interests provide exposure to a portfolio that was 78% invested in companies without public stock tickers as of Aug. 31, including top holdings SpaceX, OpenAI and Anthropic. ARKVX remains an interval fund with quarterly repurchases, unlisted shares and no expected secondary market, although a Sept. 21 SEC order permits a tokenized share class that may trade through alternative trading systems. The fund launched in September 2022 with a $500 minimum investment and listed annual expenses of 2.9% after fee waivers.