Ark Invest CEO Cathie Wood, a pioneering traditional investor in crypto, hopes to bring some of her company’s funds on-chain once regulatory conditions permit this in the U.S. She expressed optimism about the potential for asset tokenization, stating, “We think tokenization is going to be huge.” Wood made these comments during her appearance at the Digital Asset Summit in New York, where she expressed a desire to tokenize either the Venture Fund or the Digital Asset Revolution Fund.

However, regulatory challenges persist, with U.S. regulators not yet establishing clear guidelines for registering security tokens. This uncertainty has prevented companies like Ark from launching products in what could become a multi-trillion-dollar market by 2030.

Coinbase, a significant holding of Ark Invest, has also indicated a similar interest in tokenization. At the Morgan Stanley Technology, Media, and Telecom Conference, Coinbase CFO Alesia Haas mentioned ongoing discussions with the SEC regarding the issuance of a security token, amid prior struggles when they tried to launch a similar product in 2020.

Jesse Pollack from Coinbase further commented that there are yet no definitive plans to tokenize Coinbase’s stock, emphasizing that the company is in an exploratory phase to understand regulatory requirements to facilitate this transition effectively.