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Fundrise Innovation Fund plunges after Citron Research discloses short position

ReutersMar 26, 2026 3:03 PM

Shares of Fundrise Innovation Fund VCX.N, a public venture fund whose top holdings include several private tech companies, fall 32.1% to $258

Citron Research discloses short position in VCX

Citron states that co's sponsor, Fundrise Advisors LLC, was fined by U.S. securities regulator for paying financial influencers and online publishers $8 mln to promote Fundrise products to retail investors without the mandatory disclosures

Reuters could not independently verify the short seller's claims

VCX didn't immediately respond to a Reuters request for comment

VCX's top holdings include Anthropic, Databricks and OpenAI

Despite session's drop, VCX has surged more than eight-fold from its NYSE IPO a week ago

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