ARK Invest, the asset management firm led by CEO Cathie Wood, is leaning into the tokenization boom by taking a stake in tokenization specialist Securitize as Wall Street races to bring assets onchain.

The ARK Venture Fund (ARKVX), ARK's closed-end, actively managed fund that invests in public and private companies, held 3.25% of its assets in Securitize, making the firm the fund's eighth largest position following artificial intelligence (AI) companies X.AI and Anthropic, according to the fund's latest disclosure dated September 30.

Based on the fund's $325.3 million in net assets under management as of September 30, Ark’s stake in Securitize should be valued at roughly $10 million, according to CoinDesk's calculation.

ARK's investment comes as tokenization emerges as one of the hottes

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