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ARK Asks SEC To Approve Tokenized Share Class of Venture Fund

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9 September
Latest9 Sept, 06:36
ARK asks SEC to approve tokenized share class for $562M venture fund
ARK Investment Management has asked the U.S. Securities and Exchange Commission to approve a tokenized share class for its $562 million venture fund, allowing ownership records to be maintained using distributed ledger technology.
Crypto.news•Rony Roy
8 September
First seen8 Sept, 21:19
ARK Asks SEC To Approve Tokenized Share Class of Venture Fund
A pending exemptive application would let ARK Venture Fund record ownership of a new share class using distributed ledger technology and trade it on registered ATS venues. Hearing requests are due Sept. 18.
The Defiant•The Defiant Team