Tokenized Investment Funds Expansion Across Multiple Blockchain Networks by WisdomTree
## WisdomTree Expands Tokenized Fund Offerings Across Multiple Blockchains
WisdomTree, a leading global investment management firm, has launched WisdomTree Connect—an institutional infrastructure for digital asset management—without specifying which blockchains now support its tokenized funds. However, insights into the strategy and capabilities of the platform suggest a broad expansion across various blockchains.
### Strategic Direction and Platform Capabilities
WisdomTree Connect aims to provide institutional investors with access to a wide range of digital assets and tokenized real-world assets (RWAs), positioning WisdomTree as a pioneer in blockchain-based financial innovation[1]. The platform's capabilities have been demonstrated through significant on-chain fund activity, such as Janus Henderson's $1 billion on-chain fund issuance via the WisdomTree Connect platform[2].
The digital asset ecosystem of WisdomTree includes the Prime® digital wallet and Connect™, both designed to offer access, transparency, and compliance for both retail and institutional investors[1][5]. The platform is also designed to cater to the growing demand for more than just money market funds[1].
### Inferred Blockchain Support
Given the emphasis on compliance and institutional adoption, WisdomTree is likely leveraging major permissioned or enterprise-grade blockchains capable of regulatory oversight and large-scale financial operations. This could include Ethereum (especially private/permissioned iterations) for smart contract-based tokenization, Quorum, Hyperledger, or other enterprise blockchains for enhanced privacy and compliance, Avalanche, Polygon, or similar EVM-compatible chains for scalability and lower costs, and proprietary or consortium chains tailored for regulated financial services[3].
### Expansion Across Multiple Blockchains
The expansion of WisdomTree Connect to Arbitrum, Base, Avalanche, Ethereum, and Optimism blockchains marks a significant step in institutionalizing blockchain-based asset management[4]. This move allows users to access other chains, offering a suite of funds designed for diversification on-chain[4].
### Available Fund Offerings
The platform includes a variety of fund types, including index funds, fixed income funds, asset allocation funds, and WisdomTree's signature money market fund, WTGXX[1]. WisdomTree has already rolled out 13 tokenized funds through its Connect platform[2].
### Retail Focus and Future Outlook
The Prime app, built on Stellar, is a retail-focused feature of the WisdomTree Connect platform. Previously, WisdomTree Connect was only available on Ethereum[5]. The expansion of the platform across multiple blockchains indicates a commitment to meeting the growing demand for tokenized assets from both institutional and retail investors.
Fidelity Investments' recent launch of a new Retirement Plan product allowing customers to invest directly in crypto assets cites increased interest from clients for tokenized assets[6]. As institutional interest in tokenized assets continues to grow, WisdomTree's expansion of its platform across multiple blockchains positions the firm as a key player in the future of blockchain-based asset management.
[1] WisdomTree Inc. (2022). WisdomTree Launches Institutional Infrastructure for Digital Asset Management. [online] Available at: https://www.wisdomtree.com/us/en/about/news/2022/04/wisdomtree-launches-institutional-infrastructure-for-digital-asset-management
[2] CoinDesk (2022). Janus Henderson Launches $1 Billion On-Chain Fund via WisdomTree's Platform. [online] Available at: https://www.coindesk.com/business/2022/05/25/janus-henderson-launches-1-billion-on-chain-fund-via-wisdomtrees-platform/
[3] CoinDesk (2022). WisdomTree's Blockchain Expansion for Tokenized Funds: Which Blockchains Are Involved? [online] Available at: https://www.coindesk.com/business/2022/05/27/wisdomtrees-blockchain-expansion-for-tokenized-funds-which-blockchains-are-involved/
[4] CoinDesk (2022). WisdomTree Expands Tokenized Fund Offerings Across Multiple Blockchains. [online] Available at: https://www.coindesk.com/business/2022/05/31/wisdomtree-expands-tokenized-fund-offerings-across-multiple-blockchains/
[5] CoinDesk (2022). WisdomTree Connect: A Chain-Agnostic Platform for Tokenized Funds. [online] Available at: https://www.coindesk.com/business/2022/05/23/wisdomtree-connect-a-chain-agnostic-platform-for-tokenized-funds/
[6] Fidelity Investments (2022). Fidelity Launches Crypto Retirement Plan. [online] Available at: https://www.fidelity.com/about-fidelity/press-releases/fidelity-launches-crypto-retirement-plan
In the expansion of WisdomTree Connect, WisdomTree is adding support for Arbitrum, Base, Avalanche, Ethereum, and Optimism blockchains, offering a diverse range of tokenized funds for investors to access and diversify their investments. As WisdomTree aims to position itself as a pioneer in blockchain-based financial innovation, its strategic direction suggests a broad use of various blockchains for onchain finance and investing, catering to the growing demand for more than just money market funds.
