WisdomTree

WisdomTree is a $133.8 billion global asset manager that has extended its regulated mutual fund products onto public blockchains — including Solana — giving both retail and institutional investors onchain access to money market, equity, fixed income, and alternative income funds registered under the U.S. Investment Company Act of 1940.

Background

WisdomTree was founded in 1985 and built its name as a pioneer in rules-based exchange-traded funds and exchange-traded products. It is publicly traded on the New York Stock Exchange (ticker: WT). The firm manages approximately $133.8 billion in assets across a broad range of equity, fixed income, commodity, and currency strategies.

Beginning around 2018, WisdomTree began investing in blockchain technology and digital asset infrastructure. The thesis: public blockchains can serve as settlement rails for regulated investment products, enabling faster settlement, broader distribution, and programmable features impossible with traditional fund structures. Rather than launching speculative tokens, WisdomTree chose to tokenize its existing SEC-registered mutual funds.

How It Works

WisdomTree's tokenized fund ecosystem rests on two parallel products:

WisdomTree Prime is a direct-to-consumer digital wallet application available to retail users across 45 U.S. states. Through Prime, investors can hold bitcoin, ether, tokenized gold, U.S. dollar tokens, and fifteen Digital Funds in a single app. Users can on-ramp stablecoins (USDC and PYUSD), purchase tokenized fund shares directly without exiting to traditional banking rails, and off-ramp holdings to self-custody blockchain wallets. Prime is designed for crypto-native retail users who want regulated investment exposure within the same wallet infrastructure they use for onchain activity.

WisdomTree Connect is the institutional and B2B2C counterpart. It allows institutional clients and partners to mint, hold, transfer, and manage tokenized fund positions directly onchain, including interaction with blockchain-native applications and protocols. Connect targets wealth managers, broker-dealers, and other financial intermediaries who want to offer tokenized fund exposure to their own clients.

Both products operate across WisdomTree's multi-chain deployment. The firm launched on the Stellar network first, later expanded to Ethereum, and in January 2026 added Solana as a full third deployment.

The Digital Funds

WisdomTree's tokenized offerings are open-end mutual funds registered with the U.S. Securities and Exchange Commission under the Investment Company Act of 1940. This structure means they carry the same disclosure obligations, investor protections, and regulatory oversight as any other U.S. registered fund — with the addition of blockchain-based share records and settlement.

The product suite spans five asset classes:

• Money market — including the WisdomTree Treasury Money Market Digital Fund (ticker: WTGXX), which holds short-duration U.S. Treasury securities
• Equities — tokenized equity exposure across various market segments
• Fixed income — tokenized bond fund strategies
• Alternatives — including the WisdomTree Private Credit and Alternative Income Digital Fund (ticker: CRDYX, token: CRDT), which tracks the Gapstow Private Credit and Alternative Income Index across 35 publicly traded alternative credit vehicles
• Asset allocation — multi-asset tokenized strategies

The WisdomTree Gold Token, documented in WisdomTree's Gitbook, is a separate product: each token represents a one-troy ounce portion of an LBMA-standard gold bar held in custody by HSBC in London. Gold is segregated and tracked by serial number on Stellar and Ethereum.

Key Milestones

In February 2026, the SEC approved a novel structure for WTGXX allowing its shares to trade at a fixed $1 net asset value on an intraday basis, around the clock, through a broker-dealer acting as principal. Settlement occurs instantly on blockchain rails rather than at end-of-day. This made WTGXX one of the first SEC-registered funds approved for 24/7 trading with real-time blockchain settlement — placing WisdomTree ahead of most competitors in the $10 billion-plus tokenized Treasury market. The fund also introduced continuous dividend accrual, allocating interest based on the duration a wallet holds shares throughout the day.

Solana Integration

WisdomTree expanded to Solana mainnet in January 2026, bringing its full tokenized fund suite natively to the network. Both WisdomTree Connect institutional users and WisdomTree Prime retail users gained access to the Solana deployment simultaneously.

On Solana, Prime users can on-ramp USDC directly from Solana wallets, purchase tokenized fund shares without interacting with traditional banking infrastructure, and off-ramp holdings back to self-custody Solana wallets. Connect users can mint and hold fund positions on Solana and interact with Solana-native applications and protocols — opening potential for DeFi integrations and on-chain yield strategies built on regulated fund shares.

WisdomTree selected Solana for its high transaction throughput and low latency, which align with the firm's goal of providing near-instant settlement and broad access. The expansion is part of WisdomTree's stated multi-chain strategy: treating Stellar, Ethereum, and Solana as complementary networks rather than competing options.

Supported stablecoins for entry and exit on Solana include USDC and PYUSD.

Regulatory and Custody Framework

WisdomTree operates its digital asset products through two dedicated legal entities:

• WisdomTree Digital Movement, Inc. — a federally registered money services business
• WisdomTree Digital Trust Company, LLC — a New York State-chartered limited purpose trust company licensed for virtual currency business

The Digital Funds themselves are SEC-registered under the 1940 Act, subject to standard fund disclosure requirements. Physical assets underlying the Gold Token (LBMA gold bars) are held in segregated custody by HSBC in London under contractual custody obligations.

This regulatory scaffolding distinguishes WisdomTree's tokenized products from permissionless DeFi alternatives: users are purchasing shares in an SEC-regulated fund, not a crypto-native token. WisdomTree Prime users must reside in an eligible U.S. state and complete identity verification before accessing the platform.

Team and Institutional Context

WisdomTree's digital asset strategy is led by its Global CIO Jeremy Schwartz and a dedicated digital assets team headed by Maredith Hannon (Head of Business Development, Digital Assets). The parent company employs hundreds of investment professionals and has decades of experience in product structuring, regulatory compliance, and distribution.

The firm partnered with Solana Foundation on the January 2026 deployment. Nick Ducoff, VP of Business at the Solana Foundation, described WisdomTree as "an entrepreneurial leader in bringing regulated financial products onchain."

Significance

WisdomTree represents one of the clearest examples of a major traditional asset manager using public blockchain infrastructure — including Solana — to extend regulated, SEC-supervised investment products into the crypto-native ecosystem. Rather than bridging crypto into TradFi, WisdomTree's model brings TradFi products onto blockchain rails, offering a pathway for onchain capital to earn returns in instruments with the investor protections of conventional mutual funds.