Strategic expansion enables both institutional and retail users to mint, trade, and hold WisdomTree’s full suite of tokenized funds on Solana, supporting the growth of onchain offerings
NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced an expansion to Solana as an available blockchain, enabling both retail and institutional investors to access WisdomTree’s tokenized* funds through the WisdomTree Connect™ and WisdomTree Prime® platforms. The integration extends WisdomTree’s full suite of regulated tokenized funds to Solana as part of the firm’s multi-chain deployment strategy.
“Bringing our full suite of tokenized funds to Solana reflects our continued focus on, regulated real world assets across the onchain ecosystem,” said Maredith Hannon, Head of Business Development, Digital Assets at WisdomTree. “Solana’s infrastructure, which focuses on high transaction speeds, allows us to meet growing crypto-native demand while maintaining the regulatory standards institutions expect, giving both institutional and retail investors more seamless, onchain access to tokenized funds.”
Both WisdomTree Connect and WisdomTree Prime users can now access WisdomTree’s full suite of tokenized funds natively on Solana, including money market, equities, fixed income, alternatives, asset allocation funds and via WisdomTree’s stablecoin conversion service, USDC and PYUSD.
Key capabilities for WisdomTree Connect include:
- Native Minting: All existing WisdomTree tokenized funds can now be minted directly on Solana.
- Full Ecosystem Support: Solana is now a supported blockchain within the WisdomTree Connect B2B/B2B2C tokenization platform, including WisdomTree’s stablecoin conversion service for subscriptions and redemptions.
- Onchain Utility: Institutional clients can purchase, hold and manage tokenized fund positions directly on Solana. This includes the technical capability to interact with Solana-native applications and protocols, subject to applicable institutional risk controls.
Key capabilities for WisdomTree Prime users include:
- Direct On-Ramp: On-ramp USDC directly from Solana into the WisdomTree Prime app, with the ability to access regulated, yield-generating WisdomTree tokenized funds while remaining entirely onchain and removing friction of exiting to traditional banking rails.
- Seamless Investing: Purchase regulated WisdomTree tokenized funds using USD sourced via USDC directly from Solana via WisdomTree’s stablecoin conversion service.
- Self-Custody & Portability: Off-ramp WisdomTree tokenized fund holdings to self-custody wallets on Solana with the potential ability to interact with Solana-native applications and protocols.
“WisdomTree has been an entrepreneurial leader in bringing regulated financial products onchain,” said Nick Ducoff, Head of Institutional Growth, Solana Foundation. “As real world assets on Solana surpass $1B, WisdomTree’s decision to expand their full suite of tokenized funds to Solana reflects the demand for expanded access to tokenized RWAs and Solana’s ability to support that demand at scale. This launch also highlights the growing role regulated asset managers play in shaping the future of onchain finance.”
For more information about WisdomTree Prime and WisdomTree Connect, please visit: https://www.wisdomtreeprime.com/ and https://www.wisdomtreeconnect.com.
*Tokenization: The process of creating a digital representation of an asset (in this case, mutual fund shares) using a token recorded on a blockchain. The token generally serves as a record of ownership to the asset. Tokenization of an asset does not change the nature of asset.
About WisdomTree
WisdomTree is a global financial innovator, offering a diverse suite of exchange-traded products (ETPs), models and solutions, private market investments and digital asset-related products. Our offerings empower investors to shape their financial future and equip financial professionals to grow their businesses. Leveraging the latest financial infrastructure, we create products that emphasize access and transparency and provide an enhanced user experience. Building on our heritage of innovation, we offer next-generation digital products and services related to tokenized real world assets and stablecoins, as well as our institutional platform, WisdomTree Connect™, blockchain-native digital wallet, WisdomTree Prime®*, and have expanded into private markets through the acquisition of Ceres Partners’ U.S. farmland platform.
* The WisdomTree Connect institutional platform and WisdomTree Prime digital wallet and digital asset services are made available through WisdomTree Digital Movement, Inc., a federally registered money services business, state-licensed money transmitter and financial technology company (NMLS ID: 2372500) or WisdomTree Digital Trust Company, LLC, in select U.S. jurisdictions and may be limited where prohibited by law. WisdomTree Digital Trust Company, LLC is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business. Visit https://www.wisdomtreeconnect.com, https://www.wisdomtreeprime.com or the WisdomTree Prime mobile app for more information.
WisdomTree currently has approximately $159.3 billion in assets under management globally, inclusive of assets under management related to our recently completed acquisition of Ceres Partners, LLC as of the last reportable period.
For more information about WisdomTree, WisdomTree Connect and WisdomTree Prime, visit: https://www.wisdomtree.com.
Please visit us on X at @WisdomTreeNews.
WisdomTree® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide.
PRODUCTS AND SERVICES AVAILABLE VIA WISDOMTREE CONNECT AND WISDOMTREE PRIME:
NOT FDIC INSURED | NO BANK GUARANTEE | NOT A BANK DEPOSIT | MAY LOSE VALUE | NOT SIPC PROTECTED | NOT INSURED BY ANY GOVERNMENT AGENCY
WisdomTree does not endorse or recommend any particular blockchain or digital asset (including stablecoins) and an investor should independently assess any blockchain or digital asset for their own purposes and use cases. Investors should note that they may experience materially different service levels on different blockchains. Users of the blockchain networks generally must pay transaction fees to the networks in order to validate or consummate a transaction. Blockchain technology is a relatively new and untested technology. There are risks associated with a tokenized fund’s issuance, redemption, transfer, and recordkeeping of shares on a blockchain, and these risks may not fully emerge until the technology becomes more widely used.
The products and services available through WisdomTree Connect and the WisdomTree Prime app are not endorsed, indemnified or guaranteed by any regulatory agency.
Category: Business Update
Contacts
Media Relations
WisdomTree, Inc.
Jessica Zaloom
+1.917.267.3735
jzaloom@wisdomtree.com