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Wall Street Giant Managing $116 Billion to Launch New Funds on Network of These Four Altcoins

Category: CRYPTO NEWS

The post Wall Street Giant Managing $116 Billion to Launch New Funds on Network of These Four Altcoins appeared on BitcoinEthereumNews.com. Asset management firm WisdomTree (WT) is strengthening its foothold in the asset tokenization sector by expanding its institutional investment platform WisdomTree Connect to include 13 tokenized funds across five blockchain networks. The company announced today that in addition to Ethereum, the platform will now support Arbitrum, Avalanche, Base, and Optimism. With this expansion, investors can now interact with funds using US dollars or Circle’s USDC stablecoin, and assets can be accessed through third-party and self-custodial wallets. A spokesperson for the company noted that WisdomTree Connect now offers “the most comprehensive suite of tokenized real-world assets (RWA) available to institutions.” The platform’s products cover a variety of asset classes, including tokenized money market funds, equity index funds, fixed income funds, and asset allocation funds. Key products include the WisdomTree Government Money Market Digital Fund (WTGXX), which provides exposure to short-term government securities. Additionally, equity index funds such as the WisdomTree 500 Digital Fund (SPXUX) and the WisdomTree Technology & Innovation 100 Digital Fund (TECHX) track major stock market indices. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/wall-street-giant-managing-116-billion-to-launch-new-funds-on-network-of-these-four-altcoins/

2025-04-04T02:44:24+00:00

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