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Ark Invest CEO 
Cathie Wood announced plans to tokenize the firm's funds once U.S. regulations permit, reflecting the growing interest in asset tokenization within the financial sector.
What’s the Scoop?
- Tokenization Aspirations: Ark Invest CEO Cathie Wood disclosed plans to tokenize funds like ARKVX and the Digital Asset Revolution Fund, contingent on U.S. regulatory approval.
Coinbase Alignment: Coinbase, a significant holding of Ark Invest, aims to explore tokenized security offerings despite regulatory uncertainties.- Regulatory Challenges: Current U.S. regulations lack clear frameworks for security tokens, delaying efforts like Ark's move into asset tokenization.
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