The Wisdomtree (WT) asset management company (WT) moves deeper into the tokenization of assets by expanding its institutional investment platform, Wisdomtree Connect, to include 13 tokenized funds on five blockchain networks, the company announced on Thursday.
Previously limited to Ethereum, the platform now supports arbitrum, avalanche, base and optimism. Investors can interact with funds via an US dollar or USDC stablescoins in Circle, with accessible assets in third-party and auto-us portfolios.
With these additions, Wisdomtree Connect now claims the rights to boast of offering “the most extensive suite of real tokenized assets (RWA) available for institutions,” said a spokesperson.
The continuation includes a monetary tokens market fund, capital clues, fixed income funds and asset allocation funds. The Monetary Market Fund, Wisdomtree Government Money Market Digital Fund (WTGXX), offers exposure to short -term government titles. The shares of shares such as Wisdomtree 500 Digital Fund (SPXux) and Wisdomtree Technology & Innovation 100 Digital Fund (TechX) follow the main stock market indices. The fixed income segment includes offers linked to various cash durations and titles protected by inflation.
The offers are registered with the Securities and Exchange Commission (SEC) under the 1940 investment companies Act.
The tokenization of assets is gaining ground among asset managers because they are increasingly placed traditional financial instruments on blockchain rails to pursue operational gains. It is a rapidly growing sector which is possible to become a market of a dollars Billion, because all kinds of real assets (RWAS), including real estate, bonds, credit move to the channel.
