{"id":566142,"date":"2026-09-26T08:30:29","date_gmt":"2026-09-26T07:30:29","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=566142"},"modified":"2026-09-25T21:35:28","modified_gmt":"2026-09-25T20:35:28","slug":"ark-partners-with-securitize-to-put-venture-fund-on-ethereum-but-leaves-exit-doors-locked","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ark-partners-with-securitize-to-put-venture-fund-on-ethereum-but-leaves-exit-doors-locked\/","title":{"rendered":"ARK partners with Securitize to put a venture fund on Ethereum, but leaves exit doors locked"},"content":{"rendered":"<p>ARK Invest and Securitize announced on Sept. 24 that eligible investors would be able to hold tokenized interests in the ARK Venture Fund on Ethereum.<\/p>\n<p>This new ownership route puts an established interval fund on blockchain infrastructure, so investors still face the fund's limited exit options when trying to sell their shares.<\/p>\n<p>ARKVX invests <a href=\"https:\/\/investors.securitize.io\/news\/news-details\/2026\/ARK-Invest-Tokenizes-ARK-Venture-Fund-ARKVX-with-Securitize\/default.aspx\">across private and public technology companies<\/a>, and its tokenized interests represent exposure through the managed fund, giving holders a stake in ARKVX. According to the announcement, Securitize will handle the on-chain issuance and investor experience.<\/p>\n<h2>Shares remain hard to sell<\/h2>\n<p>ARK's <a href=\"https:\/\/assets.ark-funds.com\/media-12243148-2a3e-4996-9763-260f93905eb9\/b0be6071-83ac-40f1-b07e-6174052cf553\/2026%20ARK%20Venture%20Fund%20Repurchase%20Calendar.pdf\">2026 calendar<\/a> sets Sept. 30 as the next repurchase request deadline, days after the tokenization announcement. The fund offers to buy back up to 5% of its outstanding shares at net asset value each quarter.<\/p>\n<p>The published calendar and launch terms leave open whether someone acquiring a tokenized interest after Sept. 24 can participate in this month's offer.<\/p>\n<figure id=\"attachment_566144\" aria-describedby=\"caption-attachment-566144\" style=\"width: 720px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-9791a852-9c71-44c4-ab62-a5734baf6b91.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-566144\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-9791a852-9c71-44c4-ab62-a5734baf6b91.png\" alt=\"ARKVX exit routes: quarterly repurchases for up to 5% of outstanding fund shares, and SEC-permitted secondary trading with no venue announced\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-9791a852-9c71-44c4-ab62-a5734baf6b91.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-9791a852-9c71-44c4-ab62-a5734baf6b91-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-9791a852-9c71-44c4-ab62-a5734baf6b91-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-9791a852-9c71-44c4-ab62-a5734baf6b91-768x960.png 768w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/a><figcaption id=\"caption-attachment-566144\" class=\"wp-caption-text\">ARKVX investors can seek quarterly fund repurchases or a future secondary sale, but no trading venue or guaranteed buyer is announced.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/cryptoslate.com\/companies\/ark-invest\/\">ARK<\/a> and <a href=\"https:\/\/cryptoslate.com\/companies\/securitize\/\">Securitize's<\/a> launch disclosure says the shares are unlisted and that no secondary market is expected. ARK's <a href=\"https:\/\/www.ark-funds.com\/funds\/arkvx\">fund page<\/a> tells shareholders to expect sales through its repurchase policy, and the calendar likewise calls the shares illiquid.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/rwa-tokenization-defi-composability-gap\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">RWA tokenization nears $30 billion, but DeFi is capturing only a fraction<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<p>A <a href=\"https:\/\/www.sec.gov\/files\/rules\/ic\/2026\/ic-36333.pdf\">Sept. 21 SEC order<\/a> gives ARK permission to offer a tokenized share class that may trade on alternative trading systems or appear on other quotation services. Regulatory permission could eventually provide another route to buyers, depending on whether trading begins and whether buyers emerge.<\/p>\n<p>The <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1697748\/000121390026086478\/ea0301027-01_40appa.htm\">application behind the order<\/a> sets further limits on that possibility. ARK said only approved wallets could hold tokenized shares and it did not expect a robust trading market at the outset. It described alternative-system, over-the-counter and peer-to-peer transactions as possibilities subject to those controls.<\/p>\n<p>The application also says repurchase offers are allocated across the entire fund, so the tokenized class has no separate buyback pool.<\/p>\n<p>For an investor considering ARKVX now, the key question is whether a place to sell tokenized shares actually opens and attracts buyers. Until then, ARK's published terms center on a quarterly process that can buy back only a limited share of the fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tokenized ARKVX interest still comes with a fund-wide quarterly repurchase cap and no announced secondary venue.<\/p>\n","protected":false},"author":1264,"featured_media":566174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,77968,35372,76736],"tags":[82673,72190,75195,79864],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ARK partners with Securitize to put a venture fund on Ethereum, but leaves exit doors locked<\/title>\n<meta name=\"description\" content=\"ARK Invest has brought tokenized interests in ARKVX to Ethereum, with a Sept. 30 repurchase 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