WisDomtree expands institutional tokenized fund platforms in arbitrum, avalanche, base and optimism
The firm firm firm WisDomtree (WT) Connect the wisdomtreeTo include 13 tokenized funds throughout the five blockchain networks, the company said Thursday.
Previously limited to Ethereum, the platform now supports arbitrum, avalanche, base and optimism. Investors can contact funds via the US dollar or USDC stablecoins, with those who are accessible to third-party and self-customial wallets.
In these additions, WisDomtree Connect is now claiming bragging rights offering “the widest suite of tokenized real-world assets (RWA) available in institutions,” a spokesman said.
The suite includes a tokenized funding in the currency market, Equity Index funds, fixed income funds and asset allocation funds. The Money Market Fund, WisDomtree Government Money Market Digital Fund (WTGXX), offers exposure to short-term government security. Equity Index funds such as the WisDomtree 500 Digital Fund (SPXUX) and WisDometree Technology & Innovation 100 Digital Fund (Techx) will monitor the main indexes of the stock market. The fixed income segment includes offerings tied to various treasury and inflation -protected security.
The offerings were registered with the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940.
Asset tokenization gets traction with asset managers while increasing traditional financial instruments on blockchain metals to pursue operations. It is a rapidly growing sector with the potential to become a trillion-dollar market because all types of real-world assets (RWAs) including real estate, bond, credit move on-chain.
