WisdomTree Expands Institutional Platform to 13 Tokenized Funds Across Five Blockchains

WisdomTree, a prominent asset management firm, has announced a significant expansion of its institutional investment platform, WisdomTree Connect. The platform now supports 13 tokenized funds across five blockchain networks, marking a deeper foray into asset tokenization. Previously, the platform was limited to Ethereum, but it has now been extended to include Arbitrum, Avalanche, Base, and Optimism. This move allows investors to interact with the funds using either U.S. dollars or Circle's USDC stablecoins, with holdings accessible through third-party and self-custodial wallets.

With this expansion, WisdomTree Connect claims to offer the most comprehensive suite of tokenized real-world assets (RWA) available to institutional investors. The suite includes a variety of funds such as a tokenized money market fund, equity index funds, fixed income funds, and asset allocation funds. The money market fund, WisdomTree Government Money Market Digital Fund (WTGXX), provides exposure to short-term government securities. Equity index funds like the WisdomTree 500 Digital Fund (SPXUX) and the WisdomTree Technology & Innovation 100 Digital Fund (TECHX) track major stock market indices. The fixed income segment includes offerings tied to various Treasury durations and inflation-protected securities.

All these offerings are registered with the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940, ensuring regulatory compliance and investor protection. The expansion of WisdomTree Connect into multiple blockchain networks reflects the growing trend of asset tokenization among asset managers. This trend involves placing traditional financial instruments on blockchain rails to achieve operational efficiencies and cost savings. The sector is rapidly growing and has the potential to become a trillion-dollar market as various real-world assets, including real estate, bonds, and credit, move on-chain.