Bitcoin Bet: Cathie Wood Reveals Plan to Tokenize Ark Invest Funds, Predicts $1.5M Price
- Ark aims to tokenize Venture and Revolution Funds as regulations evolve.
- Ark recently acquired 997 BTC worth $80M and Coinbase shares.
- Cathie Wood warns against investing in unsustainable meme coins.
Cathie Wood, CEO of Ark Invest has expressed her interest to move the company funds to blockchain platforms when regulations permit. Wood has expressed confidence in the potential of tokenization and plans to move Arks Venture Fund (ARKVX) and Digital Asset Revolution Fund on-chain. She emphasized the current regulatory developments creates new possibilities for these ventures.
Ark Invest to Seize Tokenization Revolution
Wood announced that tokenization will become a major industry during the Digital Asset Summit in New York. She expressed confidence that the tokenization of Arks funds will be possible after legal guidelines become clear. Wood aims to capitalize on the anticipated market expansion of tokenized assets.
Wood remains optimistic about the potential of tokenization despite the lack of a clear regulatory framework from U.S. authorities. Experts predict that the tokenization market could reach a trillion-dollar value by 2030. The CEO at Ark Invest considers this period as an excellent time to advance tokenization plans because regulations will soon align.
Ark Invest Acquires BTC Amid Woods Bold Bitcoin Bet
Wood provided insights about Arks cryptocurrency investments which form an important part of the companys operational strategy. Arks crypto investments focus on long-term innovation which match their predictions about the market growth. According to Wood the price of Bitcoin has the potential to reach $1.5 million by 2030.
Ark Invest recently acquired 997 Bitcoin for $80 million through the Coinbase platform. The company continues to implement a Crypto strategy that will enhance its market position. Moreover, Ark holds 64,358 shares of Coinbase which have an estimated value of $11.53 million.
The value of Coinbase shares owned by Ark Invest continues to increase. On March 18, 2025 Ark Invest owned more than 2 million shares of Coinbase which held a total market value of about $392.63 million. Bitcoin holds a crucial position in Arks crypto assets because the company holds more than 48,000 BTC worth over $4 billion.
Ark Invest has expressed a bullish sentiment for Bitcoin while Wood continues to criticize the value of meme coins. She warned investors to stay away from meme coins because their nature makes them an unsustainable investment. Wood warns about investor safety because the SEC has not established regulations for meme assets.
Read more: https://www.tronweekly.com/ark-invest-ceo-bets-on-bitcoin-tokenization/
Text source: TronWeekly
