WisdomTree Tokenizes Private Credit on Ethereum & Stellar

Published: 2025-09-14 11:29:20 |

On September 12, 2025, WisdomTree launched its tokenized private credit fund—the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT, ticker CRDYX)—on Ethereum and Stellar. The tokenized private credit fund tracks an equal-weighted index of 35 closed-end funds, BDCs and REITs, mirroring the HYIN ETF strategy before fees. With a $25 minimum, CRDT enables real-time on-chain trading and fractional ownership for retail and institutional investors, offering daily liquidity with same-day subscriptions and two-day redemptions. By leveraging blockchain settlement, the fund democratizes private credit access, reduces costs and accelerates settlements. This launch follows industry peers like BlackRock’s 2024 BUIDL money market fund and underscores the rising trend of blockchain-based alternative asset funds.

Bullish

This news marks a milestone for tokenized finance by launching a tokenized private credit fund on both Ethereum and Stellar. In the short term, on-chain subscriptions and trades of CRDT tokens are likely to boost activity and demand for ETH and XLM, supporting network fees and token utility. Over the long term, broader adoption of blockchain-based alternative asset funds should strengthen market confidence, spur further DeFi innovation, and drive sustained demand for Ethereum and Stellar, underpinning a bullish outlook.