Ark Invest CEO Cathie Wood Hopes to Tokenize Some of Her Company's Funds

Ark Invest CEO Cathie Wood, one of the earliest traditional financial investors in crypto, hopes to bring some of her company's funds

Ark Invest CEO Cathie Wood hopes to bring some of her company’s funds on-chain once the regulatory landscape allows companies in the U.S. to do so, she said at the Digital Asset Summit in New York on Tuesday.

“We think tokenization is going to be huge,” Wood said. “We’d love to be able to tokenize our Venture Fund (ARKVX) or our [Digital Asset] Revolution Fund.”

“I think the regulations are starting to open up in a way that will allow us to do that. So we'd like to seize the moment,” she added.

U.S. regulators have yet to provide a clear framework and rules for registering security tokens, making it difficult for entities like Ark to launch products in the booming space that some believe could become a multi-trillion-dollar market by the end of 2030.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in 2020.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in 2020.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in 2020.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in 2020.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in 2020.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in 2020.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in 2020.

Executives of Coinbase (NASDAQ:COIN), a big holding of Ark, had previously mentioned a similar outlook, although it was vague as companies are trying to make their mark in the tokenization industry.

Earlier this month at the Morgan Stanley Technology, Media and Telecom Conference, Coinbase Chief Financial Officer Alesia Haas said the crypto exchange is in talks with the Securities and Exchange Commission (SEC) to issue a security token, a move that previously failed when Coinbase attempted to go public with such a product in