Cathie Wood: Plans to tokenize the company's funds if permitted by U.S. regulations

ChainCatcher news, according to CoinDesk, Ark Invest CEO Cathie Wood hopes to put part of the company's funds on-chain as soon as the U.S. regulatory environment allows. Wood stated at the New York Digital Assets Summit on Tuesday: "We believe tokenization will be very important, and we hope to be able to tokenize our Venture Fund (ARKVX) or our Digital Asset Revolution Fund. I think regulation is gradually opening up, which will enable us to do this. Therefore, we want to seize this opportunity."

Ark Invest's main holding company, Coinbase, is also exploring the issuance of security tokens, but lacks specific plans due to ongoing discussions with the U.S. Securities and Exchange Commission (SEC). Despite expectations that the market size could grow to trillions by 2030, regulatory uncertainty continues to hinder the tokenization process in the U.S.