đ ARK Invest Bets Big on Tokenization with $10M Stake in Securitize
ARK Investâs Venture Fund has allocated 3.25% of its portfolio â about $10 million â to Securitize, making it the 8th largest holding in the fund.
đč Securitize, founded in 2017, has issued over $4.6B in tokenized assets, working alongside major institutions like BlackRock, #hamiilton Hamilton Lane, and Apollo.
đč Its flagship project, BlackRockâs tokenized money fund BUIDL, alone boasts a scale of $2.8B.
đč The tokenization market has grown 112% in 2024, hitting $33B, and experts forecast it could reach a massive $18.9 trillion by 2033.
đ As traditional finance continues merging with blockchain, tokenization is shaping up to be one of the most disruptive financial innovations of the decade.
#ARKInvest #Securitize #BlackRock #Tokenization #CryptoNews #BlockchainAdoption #BinanceSquare #BlackRockâ©