Tag:

WisdomTree

WisdomTree brings private credit to Ethereum and Stellar with CRDT launch
NFT Gaming

WisdomTree brings private credit to Ethereum and Stellar with CRDT launch

by admin



Global financial firm WisdomTree has announced the launch of a private credit fund on the blockchain, with a $25 minimum investment.

Summary

  • WisdomTree is launching a Private Credit and Alternative Income Digital Fund
  • Retail and institutional investors will be able to invest with as little as $25
  • The fund will debut on the Ethereum and Stellar blockchains

Global financial institutions are increasingly leveraging public blockchains. On Friday, September 12, investment manager WisdomTree launched the WisdomTree Private Credit and Alternative Income Digital Fund. The fund will track the Gapstow Liquid Alternative Credit Index.

“Private credit has become one of the most talked-about opportunities in today’s market. For four years, we’ve been proud to make this space more accessible to the individual investor through our ETF, and now CRDT is able to deliver yield potential in a modern, tokenized fund,” said Jeremy Schwartz, Global Chief Investment Officer at WisdomTree.

At launch, the WisdomTree CRDT fund will be available on the Ethereum (ETH) and Stellar (XLM) blockchains. The fund will enable both retail and institutional investors to gain exposure to the private credit market with a minimum investment of $25. Investors will be able to access the fund through the WisdomTree Prime app and Connect platform.

“CRDT unlocks access to one of the most coveted asset classes – alternatives – directly onchain. By expanding the breadth of our tokenized funds, we’re giving crypto native investors the chance to diversify via exposures that were once reserved for institutions, all within the digital ecosystem,” said Will Peck, Head of Digital Assets at WisdomTree.

WisdomTree offers compliant RWAs

WisdomTree’s latest move enables investors to gain exposure to real-world assets based on real financial instruments. The asset manager stresses that its offering provides a high degree of compliance with financial regulations, in line with traditional financial products.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Bitcoin stays below $112K. (geralt/Pixabay)
Crypto Trends

WisdomTree Launches Tokenized Private Credit Fund

by admin



WisdomTree has launched a new tokenized fund focusing on private credit.

The new fund, called the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT), tracks a basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts, Bloomberg reports.

It’s available with a minimum investment of just $25 and offers two-day redemption. WisdomTree, it’s worth adding, launched an ETF tracking the same benchmark in 2021, the WisdomTree Private Credit and Alternative Income Fund.

Private credit, lending done outside traditional banks, has ballooned in recent years as investors chase yield-focused investment options.

“It’s really just about bringing the asset class to a whole universe of different investors,” said Will Peck, head of digital assets at WisdomTree.

The firm has launched a number of tokenized investment vehicles so far, including ones offering exposure to money market funds, fixed income securities, and equities.

The new fund joins a growing trend among Wall Street’s largest asset managers. BlackRock, for example, manages a $2 billion money market fund, while Fidelity’s tokenized money market fund recently rolled out on Ethereum.

WisdomTree joins a broader trend. BlackRock’s tokenized $2 billion money market fund and experiments from Fidelity and VanEck suggest traditional finance is taking real-world asset tokenization seriously, even if it’s still small compared to the trillions in ETFs and mutual funds.



Source link

0 comments
0 FacebookTwitterPinterestEmail
SEC delays decision on WisdomTree ETF
NFT Gaming

SEC delays decision on WisdomTree ETF

by admin



In the latest XRP news, the U.S. Securities and Exchange Commission has delayed its decision on the WisdomTree XRP spot exchange-traded fund.

Summary

  • SEC has pushed its decision on the WisdomTree XRP ETF to a later date.
  • New deadline now October 24, 2025.

The wait for another spot crypto exchange-traded fund in the United States goes on as the Securities and Exchange Commission once again delays its decision on another XRP (XRP) ETF.

XRP price hovered near $2.96, largely unaffected by the news.

SEC pushes WisdomTree XRP ETF date

The SEC announced its decision to postpone issuing an approval or rejection of the WisdomTree XRP Fund on Aug. 25.

As noted in the SEC filing, the new deadline for a decision is October 24, 2025.

The SEC officially began reviewing the WisdomTree XRP Trust, which hit the market as the first filing for a U.S. spot XRP ETF, in May.

While the law allows the regulator up to 240 days to either approve or reject an application, the SEC has initiated efforts aimed at significantly cutting this timeline. So far, the securities watchdog pegs its process on the guidelines in the U.S. securities laws.

The delay comes a few days after several XRP ETF issuers updated their filings, with Bloomberg ETF expert James Sayffert terming the move a “good sign.”

What does it mean for XRP?

The XRP spot ETF is one of the most anticipated crypto spot funds in the market.

As a top altcoin, the Ripple cryptocurrency boasts one of the biggest and most ardent communities in the space.

The XRP Army, as it is known, may therefore witness some sentiment dip amid this announcement. Analysts note a potential injection of volatility in XRP prices, with this short-term movement building fresh momentum into the final decision.

This outlook is down to the SEC’s move not being a final verdict on the WisdomTree XRP ETF, but a postponement, as the regulator takes time to have a better look at the filing.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Sec Delays Wisdomtree Xrp Etf Decision To October 2025
GameFi Guides

SEC Delays WisdomTree XRP ETF Decision to October 2025

by admin



The U.S. Securities and Exchange Commission has delayed its decision on the WisdomTree XRP exchange-traded fund, and has now moved the deadline to October 24, 2025.

The application was filed by Cboe BZX Exchange, which asked for a rule change that would allow it to list and trade shares of the WisdomTree XRP ETF.

This decision means the SEC has now postponed rulings on all pending spot XRP ETFs except Franklin Templeton’s, according to the filing. Franklin Templeton’s fund faces its third deadline next month, while its final deadline is expected in November. The SEC said it needed more time to carefully review the applications before making a final call.

The first major deadline is October 18, when the Commission must either approve or reject Grayscale’s XRP ETF filing. Other XRP ETF filings have deadlines following quickly after Grayscale’s.

Analyst Predict 95% Chance of Approval

Bloomberg analysts Eric Balchunas and James Seyffart said there is a “95% chance” that the SEC will approve these XRP ETFs this year. Both also explained that the SEC might approve them all together, just as it did with Bitcoin and Ethereum ETFs earlier.

Ahead of these deadlines, all XRP ETF issuers have updated their S-1 filings. Grayscale even submitted a new registration statement for its planned XRP Trust ETF. James Seyffart said these changes were “almost certainly due to feedback from the SEC,” calling it a good sign even though it was widely expected.

The SEC explained that extensions like this are normal in the process of reviewing digital asset funds. The Commission said delays help it properly study market risks, and other issues before making a decision. 

The SEC also gave updates on other crypto-related filings. It asked for comments on Canary Capital’s staked TRX ETF and extended its review of Canary’s PENGU ETF, which is tied to meme coins like Dogecoin.

Canary further filed for an “American-made Crypto ETF” to give investors exposure to cryptocurrencies linked to the U.S. by their creation, minting, or operations. XRP fits into this category, so it could be included in the new fund.

Also Read: Global Exchanges Warn Tokenised Stocks Could Threaten Market Trust





Source link

0 comments
0 FacebookTwitterPinterestEmail
Close