PANews reported on March 19 that according to CoinDesk, Ark Invest CEO Cathie Wood hopes to put some of the company's funds on the chain if the US regulatory environment allows. Wood said at the New York Digital Asset Summit on Tuesday: "We think 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. So we want to seize this opportunity."
Coinbase, the main holding company of Ark Invest, is also exploring issuing security tokens, but lacks concrete plans due to ongoing discussions with the U.S. Securities and Exchange Commission (SEC). Although the market is expected to grow to a trillion dollars by 2030, regulatory uncertainty still hinders the tokenization process in the United States.
