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WisdomTree announces nine new blockchain-enabled funds effective with the SEC
The Fly

WisdomTree announces nine new blockchain-enabled funds effective with the SEC

WisdomTree announced that nine new digital funds1 have become effective with the U.S. Securities and Exchange Commission, SEC, leading up to the planned national public launch of the WisdomTree Prime mobile application, targeted for the first quarter of 2023. The nine new digital funds reflect a variety of different exposures and each digital fund will invest in traditional assets, including the WisdomTree Short-Duration Income Digital Fund that was developed leveraging WisdomTree’s model portfolio capabilities, and the WisdomTree 500 Digital Fund – the firm’s first digital fund seeking to track performance in the U.S. equity market. This announcement comes after the SEC declared effective WisdomTree’s first digital fund, the WisdomTree Short-Term Treasury Digital Fund, earlier this year, with the fund expected to launch in the near future. "We expect all financial assets to eventually move onto blockchain infrastructure, and this is a significant step in that direction as we bring mainstream exposures like fixed income, equities and commodities into the digital world through blockchain-enabled funds and tokenized assets," said Jarrett Lilien, WisdomTree President and COO. "Our vision is fast becoming a reality and these are additional bricks in the foundation that will allow us to be a leader in the coming evolution in financial services, laying claim to the deepest exposures in the digital wrapper."

Published first on TheFly

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