WisdomTree Expands Tokenized Fund Platform to Five Blockchains, Boosting Institutional Options

WisdomTree has announced the expansion of its institutional tokenized funds platform, WisdomTree Connect, from Ethereum to include Arbitrum, Avalanche, Base, and Optimism. This expansion enhances WisdomTree’s capabilities in the burgeoning asset tokenization market. Offering 13 tokenized funds, including money market and equity index funds, the platform now supports enhanced flexibility with U.S. dollars and Circle’s USDC for transactions. A notable product, the WisdomTree Government Money Market Digital Fund, provides exposure to short-term government securities. This strategic move is expected to increase WisdomTree’s assets under management by offering wider investment choices, capitalizing on the asset management industry’s trend toward real-world asset tokenization. Maredith Hannon, head of digital assets at WisdomTree, noted the integration with more blockchains provides investors greater flexibility, supporting self-custodial and third-party wallets.