ARK Invest Partners with Securitize to Tokenize Venture Fund Holding AI Stakes

·1 views

Cathie Wood's ARK Invest has partnered with tokenization platform Securitize to bring its ARK Venture Fund onchain. The fund holds stakes in high-profile private tech companies, including AI firms OpenAI and Anthropic. Tokenization will initially launch on the Ethereum blockchain, with potential expansion to other chains in the future. The move aims to provide broader investor access to exposure in sought-after private technology companies through blockchain technology.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Solana Foundation Hires Binance and Polygon Veterans to Drive Institutional Growth

The Solana Foundation has brought on two industry veterans, Rachel Conlan and Jamal Raees, as part of a strategic expansion effort. Both newcomers previously held roles at major crypto firms Binance and Polygon respectively. The hires signal Solana's growing focus on attracting institutional players to its blockchain. The foundation is specifically targeting institutions looking to move payments and real-world assets onchain as part of a broader tokenized finance push.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

RockawayX Launches $150M Initiative to Bring Real-World Yields Into DeFi

Digital asset investment firm RockawayX has announced a $150 million initiative focused on real-world yield integration within decentralized finance. The $2 billion firm aims to back, build, and provide liquidity to projects that bring traditional yields into the DeFi ecosystem. RockawayX is positioning yield generation as the next major use case for crypto and blockchain technology. The initiative reflects growing institutional interest in bridging conventional financial returns with decentralized protocols.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

EU Financial Regulator to Prioritize AI and Tokenization Oversight by 2027

The European Union's financial regulator has announced plans to make artificial intelligence and tokenization key supervisory priorities by 2027. Regulators intend to map how financial firms are deploying these technologies in products that directly serve clients. Following this assessment, checks and reviews will be conducted on the businesses most significantly affected by these technologies. The move reflects growing regulatory concern over the rapid adoption of emerging technologies across the financial sector.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Brooklyn Man Gets 12-Year Prison Sentence for $16M Coinbase Phishing Fraud

A Brooklyn man has been sentenced to 12 years in prison for orchestrating a large-scale phishing scheme targeting Coinbase users. The fraudster defrauded approximately 100 victims across the United States, stealing a total of $16 million. He deceived victims by falsely claiming their accounts had been compromised, prompting them to transfer funds directly to him. The scheme highlights growing risks of social engineering attacks targeting cryptocurrency platform users.

0 comments Read more at CoinDesk