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WisdomTree Debuts 14 Tokenized Funds on Plume Network
Yahoo Financeยท 2025-10-30 15:00
Core Insights - WisdomTree has launched 14 tokenized funds on Plume, enhancing access for institutional investors to regulated on-chain investment products [1][2] - The funds include the Government Money Market Digital Fund and CRDT Private Credit and Alternative Income Fund, allowing direct transactions on Plume's blockchain [2] - Galaxy Digital is investing $10 million in WisdomTree's Government Money Market Digital Fund, indicating strong institutional interest [3] Company Developments - WisdomTree's tokenized funds are designed to operate in a compliant, permissionless environment, showcasing the potential for regulated products in blockchain finance [3] - The company manages over $100 billion in traditional assets and has approximately $650 million in tokenized assets under management [5] - The digital funds are SEC-registered 1940 Act products, enabling on-chain transfers with compliance through soulbound NFTs [5][6] Industry Trends - Plume's blockchain incorporates KYC and AML compliance at the protocol level, providing safeguards like wallet screening and sanctions enforcement [4] - The platform has over 276,000 RWA holders and around $600 million in tokenized assets, positioning it as the largest blockchain by RWA participants [4] - The partnership highlights increasing competition among asset managers, including Franklin Templeton and BlackRock, to develop regulated investment vehicles on-chain [7]