WisdomTree launches tokenized fund platform on multiple blockchains

Wisdomtree has announced the expansion of its institutional tokenized token fund solution to five additional blockchains.

The asset management company, which initially launched its Wisdomtree Connect sur Ethereum (Eth)is now looking for increase its presence through rapid expansion tokenization Market with deployment on four other blockchain networks.

Wisdomtree Connect went to live in September 2024.

In addition to Ethereum, the suite of 13 tokenized funds from the asset manager will now be available on Arbitrum, Avalanche, Base and Optimism.

This is an important step that could see Wisdomtree considerably increase its assets under management.

Currently, Wisdomtree Connect offers access to money market funds in Tokenized, asset allocation funds, share funds and asset allocation funds. The Company Monetary Market Fund, the Wisdomtree’s digital market for the government market, with the WTGXX Ticker symbol, allows eligible investors to access a product that provides exposure to short -term state securities.

Meanwhile, the continuation of shares of shares, in particular Wisdomtree 500 Digital Fund and Wisdomtree Technology & Innovation 100 Digital Fund, allow institutional investors to search for fund opportunities that follow the main stock market indices.

According to Maredith Hannon, business development manager, Wisdomtree’s digital assets, giving access to several tokenized funds offers investors a greater choice.

Addition of new care blockchain The networks strengthen these perspectives, with a key to flexibility in adoption.

Hannon added that users can access Wisdomtree’s tokens directly on supported blockchains, the platform also integrated with auto-cartodial wallets.

The company also supports the main third -party portfolios.

Wisdomtree notes a notable adoption for its active active offer in the world at a time, major players such as Blackrock and Fidelity Investments are also developing quickly through the market. Similar scenarios can be seen for a blockchain-based platform like Ondo Finance, Mantra and Injective.

Ondo Finance draws from the Wisdomtree silver market fund to collateralize his tokenized assets. The blockchain platform also invests in the token funds of Blackrock and Franklin Templeton.