Key Takeaways
- • Fundrise announced that its Fundrise Innovation Fund (ticker VCX) will list on the New York Stock Exchange with a target listing date on or after March 9, 2026, per a Business Wire release.
- • The fund reports initial AUM above $650 million and more than 100,000 existing investors, positioning it as one of the first and largest public venture capital funds listed on a major U.S. exchange.
- • VCX reported a 1-year cumulative gross return of 63.27% for the period ended January 31, 2026, according to the company; the firm notes past performance is not indicative of future results.
- • Top holdings include OpenAI, Anthropic, Databricks, SpaceX, Anduril, and Ramp, spanning AI, data infrastructure, space exploration, and financial technology.
- • Fundrise, which manages nearly $3.5 billion in equity under management across real estate, private credit, and venture capital strategies, first filed a "Public Venture Fund" with the SEC in June 2021.
Summary
Fundrise CEO Ben Miller framed the listing as a means of broadening access to private markets. "Today, many of the most transformative companies in the world are staying private longer, which means everyday investors are missing out," Miller said, adding that VCX is designed to give investors regardless of net worth exposure to private AI and technology companies.
The fund's disclosed top holdings, as of February 15, 2026, include OpenAI, Anthropic, Databricks, SpaceX, Anduril, and Ramp, which the company characterizes as leaders in AI, data infrastructure, space exploration, and financial technology. Fundrise reports a 1-year cumulative gross return of 63.27% for the period ended January 31, 2026, calculated as the sum of net asset value appreciation and dividends. The company explicitly notes that past performance is not indicative of future results.
Fundrise describes itself as the largest direct-to-consumer alternative investment platform in the U.S., founded in 2012, serving more than 2 million users with nearly $3.5 billion in equity under management across real estate, private credit, and venture capital strategies. The company is headquartered in Washington, DC. The release includes standard forward-looking statement disclaimers and notes that SEC registration does not imply endorsement of the offering.
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