Cathie Wood’s ARK Invest increases its stake in Securitize, a BlackRock-backed tokenization firm

ARK Invest has acquired a 3.25% stake in Securitize, valued at about 10 million USD. This investment reflects the growing trend of asset tokenization as financial institutions embrace on-chain management.

The tokenized asset market has expanded to 33 billion USD in 2023 and could potentially reach 18.9 trillion USD by 2033. Securitize, a leader in this space, has forged partnerships with prominent firms like BlackRock.

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