PANews reported on October 9th that ARK Invest, through the ARK Venture Fund, holds approximately 3.25% of the fund's assets in Securitize. Based on the fund's net assets of $32.53 billion as of September 30th, the investment is approximately $10 million, making it the fund's eighth-largest holding. Securitize, founded in 2017, has issued $4.6 billion in tokenized assets through partnerships with BlackRock, Hamilton Lane, and Apollo, and has issued BlackRock's $2.8 billion tokenized money market fund, BUIDL. The tokenized market has grown 112% this year to $33 billion and is projected to reach $18.9 trillion by 2033.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.