The Australian, who is president of the 2020 jury, posed for pictures as she arrived at the opening ceremony of the 77th edition of the event.
Blanchett’s outfit featured black sequins and a white trim, and she completed the look with heels and a number of chunky rings.
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The Academy Award-winner was later pictured wearing a face mask inside the auditorium while waiting for the start of the opening ceremony.
The Venice Film Festival is the first international in-person film showcase since the industry shut down in March and will run until September 12.
Italy was among the countries hardest hit by the coronavirus pandemic.