Cathie Wood Eyes Tokenization for Ark Invest Funds Amid Regulatory Shifts
Ark Invest CEO Cathie Wood, a pioneer in bringing traditional finance into the crypto space, is eager to move some of the firm’s funds on-chain—provided U.S. regulations allow it.
“We believe tokenization will be a game-changer,” Wood stated at the Digital Asset Summit in New York on Tuesday. “We’d love to tokenize our Venture Fund (ARKVX) or our Digital Asset Revolution Fund.”
Wood expressed optimism that regulatory clarity is improving, creating an opportunity for Ark to take advantage of blockchain-based financial products.
However, regulatory uncertainty remains a major hurdle. The U.S. has yet to establish a clear framework for security token registration, complicating efforts for firms like Ark Invest to enter what some analysts predict could become a multi-trillion-dollar market by 2030.
Coinbase, a significant holding in Ark’s portfolio, has also signaled interest in tokenization. Earlier this month, Coinbase CFO Alesia Haas revealed at the Morgan Stanley Technology, Media, and Telecom Conference that the company is in discussions with the Securities and Exchange Commission (SEC) about launching a security token—a move that previously failed when Coinbase attempted to go public with a tokenized product in 2020.
Despite the discussions, Jesse Pollack, founder of Base, Coinbase’s Ethereum Layer 2 network, clarified on X that no concrete plans exist yet for tokenizing Coinbase’s stock.
“We are still in the exploratory phase, working to understand what regulatory milestones need to be met to bring assets like $COIN to @base in a compliant and forward-looking way,” he wrote.
