Institutional Appetite Grows for WisdomTree's Compliant Tokenized Funds on Plume

Asset manager WisdomTree has expanded its digital footprint with the launch of 14 tokenized funds on the Plume blockchain, a platform designed for real-world asset (RWA) finance. The move, announced on October 30, aims to broaden institutional access to regulated on-chain investment products while leveraging Plume's compliance infrastructure. The funds, including the Government Money Market Digital Fund and the CRDT Private Credit and Alternative Income Fund, are available through WisdomTree Connect and allow investors to hold, transfer, and settle positions directly on the blockchain, according to a CoinDesk report.

Galaxy Digital has already signaled early institutional support by allocating $10 million to WisdomTree's Government Money Market Digital Fund, underscoring growing appetite for tokenized assets among institutional players, the report said. Plume's protocol-level integration of know-your-customer (KYC) and anti-money laundering (AML) safeguards, including wallet screening and sanctions enforcement, positions the blockchain as a compliant alternative to general-purpose networks like Ethereum or Polygon, the report added. The platform, which recently secured SEC registration as a transfer agent, claims to host over 276,000 RWA participants and $600 million in tokenized assets, making it the largest RWA-focused blockchain by user base, the report noted.

For WisdomTree, the expansion marks a strategic shift to diversify its on-chain presence beyond Ethereum and Stellar. The company, which manages over $100 billion in traditional assets and $650 million in tokenized assets, emphasized that its SEC-registered 1940 Act products enable seamless onchain transfers via soulbound NFTs while maintaining compliance standards, the report said. Maredith Hannon, WisdomTree's Head of Business Development for Digital Assets, stated the partnership with Plume provides investors with "diversified tokenized fund strategies and more efficient settlement," highlighting the competitive edge of blockchain in streamlining operations.

The development also reflects intensifying competition among asset managers to tokenize regulated investment vehicles. Franklin Templeton and BlackRock are among peers exploring blockchain's potential to enhance distribution channels and liquidity for institutional clients, the report observed. WisdomTree's multi-chain strategy aligns with broader industry trends, as firms seek to balance innovation with regulatory adherence in the evolving RWA landscape.