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WisdomTree launches platform for real-world tokenized assets

WisdomTree, a financial services firm, has introduced a new platform called WisdomTree Connect that aims to make tokenized real-world assets more accessible to businesses and institutional users. The platform allows users to buy and hold WisdomTree digital funds in their own digital wallets and streamlines transactions by enabling firms to purchase yield-generating products directly using blockchain technology. The platform initially supports transactions in U.S. dollars and the USDC stablecoin, with plans to expand to other blockchains. WisdomTree has received approval from the NYDFS to operate as a limited liability trust company and continues to work on tokenized asset management and a spot Bitcoin ETF.

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