ARK Invest Takes $10M Stake in Tokenization Firm Securitize

Cathie Wood's ARK Invest has positioned itself at the forefront of the tokenization wave, acquiring a $10 million stake in BlackRock-backed Securitize. The investment represents 3.25% of ARK Venture Fund's portfolio, ranking it alongside holdings in AI leaders X.AI and Anthropic.

Tokenization has emerged as crypto's breakout trend of 2024, with the market for blockchain-based traditional assets surging 112% to $33 billion this year. Industry projections suggest exponential growth, with Ripple and BCG forecasting a $18.9 trillion tokenized asset market by 2033.

Securitize, a pioneer since 2017, has facilitated $4.6 billion in tokenized assets. The firm's technology enables institutions to streamline settlements, expand investor access, and create 24/7 markets for traditionally illiquid assets. Wall Street's rush to onboard real-world assets onto blockchain networks appears to be entering its decisive phase.