WisdomTree was one of the earlier asset managers to embrace tokenization, launching a solution in 2023. Today it announced that its 13 tokenized funds are now available on five blockchains, Ethereum, Arbitrum, Avalanche, Base and Optimism. The asset manager has $116 billion in (conventional) assets under management (AUM).
“With access to our comprehensive suite of tokenized funds and the ability to interact with them directly across these newly supported blockchains, our tokens are able to be held in third-party and self-custodial wallets, providing users with greater choice in how they access tokenized RWA,” said Maredith Hannon, Head of Business Development, Digital Assets at WisdomTree. Until recently, the funds were only available via the WisdomTree app.
Its tokenized funds have reached almost $130 million AUM, a big jump from around $15 million at the start of the year. Total tokenized money market funds (MMFs) across all asset managers are now approaching $5 billion, although that figure involves some double counting.
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