ARK Invest Tokenizes $1.3B ARKVX Fund on Ethereum via Securitize

Securitize (SECZ) shares rose 15% as the SEC introduced a five-year exemption for tokenized stock trading. The company, which tokenized $295M of its shares, is up 158% in a month. The exemption allows tokenized securities venues to operate without registering as an exchange, boosting the tokenization sector.

Securitize Corp. (SECZ) reached a new all-time high after securing a deal with ARK Invest to tokenize the ARK Venture Fund (ARKVX) on Ethereum, its first since the SEC's Innovation Exemption. The fund, managed by ARK Invest, includes investments in tech firms like OpenAI and Stripe. Analysts from Cantor Fitzgerald and Rosenblatt issued bullish recommendations, with price targets of $21.20 and $13 respectively, citing Securitize's role in tokenizing traditional equities.

Securitize Corp. (SECZ) shares rose over 15% after ARK Invest tokenized its ARK Venture Fund (ARKVX) using Securitize's Ethereum infrastructure. This move aims to modernize investment access via blockchain. SECZ gained further support from the SEC's new tokenization pathway. SECZ stock is up 47% year-to-date.

ARK Invest is tokenizing its $1.3B venture fund on Ethereum via Securitize, enabling eligible investors to access the fund onchain. The fund holds positions in private and public tech companies, including OpenAI and Stripe. The move follows SEC approval and aligns with ARK's belief in blockchain's potential to reshape capital markets. Securitize's shares rallied 15% post-announcement.

Securitize Corp. (SECZ) reached a new all-time high of $14.86 before closing at $14.36, up 10.46%. Analysts from Cantor Fitzgerald and Rosenblatt issued buy recommendations with price targets of $21.20 and $13, respectively, citing growth in securities tokenization. The company manages $5 billion in tokenized assets across 23 blockchains. The SEC's new Innovation Exemption is seen as a catalyst for on-chain trading.

Securitize Corp. (SECZ) stock rose 9.6% to $14.25, a 52-week high, driven by bullish analyst actions and a SEC regulatory development. Cantor Fitzgerald initiated coverage with an Overweight rating and $21.20 price target, citing a large growth opportunity in tokenization. Rosenblatt and StoneX also raised their price targets. The broader market was down, highlighting the company-specific move.