WisdomTree Expands Tokenized Fund Access to Solana in Multichain Push

In Brief

  • WisdomTree adds Solana to support tokenized funds for institutional and retail investors.
  • Retail users can access WisdomTree funds on-chain using USDC via WisdomTree Prime.
  • Solana’s high-speed infrastructure enhances tokenized fund accessibility and liquidity.

WisdomTree is bringing its tokenized funds to Solana, allowing institutional and retail investors to mint, trade, and hold them on the blockchain. This expansion adds Solana to the list of supported networks for WisdomTree’s real-world asset (RWA) products.

The move aligns with WisdomTree’s multichain strategy, aiming to offer traditional financial products through blockchain technology. Both WisdomTree Connect and WisdomTree Prime platforms will support this integration, enabling a more seamless on-chain experience for users.

Solana Integration Expands Access to WisdomTree’s Full Suite of Tokenized Funds

With the integration, institutional investors can mint and manage their tokenized funds directly on Solana. Retail investors will be able to purchase these funds using USDC, removing the need for traditional banking rails.

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The addition of Solana’s high-speed infrastructure supports WisdomTree’s focus on delivering regulated on-chain assets. It also caters to growing demand for decentralized finance solutions, offering a faster and more accessible alternative to traditional financial systems.

WisdomTree’s move highlights the increasing demand for tokenized assets and the role blockchain infrastructure plays in meeting that need. Both institutional and retail users benefit from this integration, which reduces settlement times and unlocks new distribution channels.

The tokenization of traditional assets like money market funds, equities, and fixed-income products has gained momentum, and WisdomTree continues to lead the charge. Its expansion to Solana reflects the firm’s commitment to evolving with the digital asset landscape.

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Solana 24hr Price Perfomance | Source: CoinMarketCap

Solana’s performance has seen slight fluctuations recently. As of the latest data from CoinMarketCap, Solana (SOL) is priced at $127.10, down 0.55% in the past hour. Over the past 24 hours, it rose by 2.67%, but dropped by 0.09% over the last week.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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