- WisdomTree Connect now extends beyond Ethereum to Arbitrum, Avalanche, Base, and Optimism’s OP Mainnet.
- It continues its push into digital assets, leveraging its expertise in crypto ETFs and financial innovation to meet the growing demand for tokenized real-world assets (RWAs).
In a major announcement on Thursday, April 3, asset manager WisdomTree announced key enhancements to its institutional-grade platform, WisdomConnect, which offers direct access to tokenized real-world assets (RWAs). The platform now supports 13 SEC-registered tokenized funds, making it the largest collection of tokenized investment funds available in the market. These include money market, equities, fixed income, and asset allocation funds.
WisdomTree Expands Tokenized RWA Platform
As part of this expansion, WisdomTree Connect is now integrating additional blockchains, extending beyond Ethereum to Arbitrum, Avalanche, Base, and Optimism’s OP Mainnet.
Users can now hold WisdomTree’s tokenized funds directly on these chains and transact using either fiat (USD) or USDC via the company’s stablecoin conversion service. This marks a significant step toward increasing accessibility and interoperability in the tokenized asset ecosystem. Speaking on the development, Maredith Hannon, Head of Business Development, Digital Assets at WisdomTree, said:
“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. These enhancements not only broaden our platform’s capabilities but also lay the groundwork to better serve our clients and the broader financial ecosystem.”
WisdomeTree has been at the centre of launching several crypto products, by filing for crypto ETFs for different altcoins over the past year. As a result, it has been at the forefront of introducing innovative products in the market, while catering to the overall consumer demand. Thus, expansion into tokenized RWA platforms seems to be the right choice as big market players are exploring this space.
Tokenization – The Next Big Thing In the Market
From corporates to governments, everyone is actively exploring the tokenization of real-world assets in the market. In the new Trump administration, the U.S. Securities and Exchange Commission (SEC) has launched a three-month initiative to address key regulatory challenges in the cryptocurrency sector. From April to June, the SEC’s Crypto Task Force will hold four roundtable discussions focusing on decentralized finance (DeFi), tokenization, and asset classification, aiming to provide greater clarity on these critical issues, as mentioned in our earlier report.
On the other hand, CME Group has joined forces with Google Cloud to explore the potential of Universal Ledger-based tokenization technology. This partnership aims to streamline clearing and settlement processes in traditional finance by leveraging digital asset infrastructure to enhance efficiency and reduce complexity.