Cathie Wood, CEO of Ark Invest, has announced her company's stance on evaluating its funds using blockchain. This transformation can lead to significant changes in the financial sector but requires a clear regulatory framework.
The Future and Potential of Tokenization
Wood is considering the tokenization of Ark Invest's funds, such as ARKVX and the Digital Asset Revolution Fund. This blockchain-based transformation could accelerate the integration of traditional finance into the digital realm. Tokenization has the potential to make investment instruments more transparent, accessible, and liquid, paving the way for a new era in finance.
U.S. Regulations and Market Expectations
Discussions are ongoing between the U.S. Securities and Exchange Commission (SEC) and major players like Coinbase regarding the establishment of a regulatory framework. Alesia Haas, Coinbase's CFO, announced that the company is negotiating with the SEC to issue a security token. The launch of blockchain-based securities could gain momentum as rules become clearer.
Expert Opinions and Perspectives
Jesse Pollack, founder of the Base network, noted that the company is researching tokenization processes but currently lacks concrete plans. Pollack emphasized the need for clearer regulatory processes and the importance of establishing a secure infrastructure. Despite uncertainties, market experts believe tokenization is inevitable and that token-based systems will offer new opportunities for investors.
Blockchain technology and tokenization processes may mark an important step toward enhanced transparency and integration between traditional and digital financial markets. However, clear regulatory standards are needed for progress.