Cathie Wood Tokenizes $1.3 Billion Venture Fund to Trade 24/7

Cathie Wood tokenized a $1.3 billion venture fund managed by Ark Investment Management, enabling 24/7 trading of fund shares through blockchain technology. The fund, Ark Venture Fund X, began trading tokenized shares on an unspecified date. Wood's firm has previously invested in blockchain and cryptocurrency projects. The move follows other institutional asset managers' experiments with tokenized securities on blockchain networks.

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