WisdomTree has launched its first tokenized fund, providing investors with exposure to private credit investments
BlockBeats News, September 12th, according to Bloomberg, WisdomTree Inc. has launched its first tokenized fund, providing investors with exposure to private credit investments. The WisdomTree Private Credit and Alternative Income Digital Fund (ticker: CRDT) officially launched last Friday, tracking an equally weighted index of 35 closed-end funds, business development companies, and real estate investment trust funds. The company had previously launched an ETF based on this benchmark in 2021.
The tokenized fund has a minimum investment amount of $25 and supports redemptions within two days. CRDT tracks a publicly traded investment tool index pegged to private credit, a design that lowers the entry barrier and increases liquidity, although there is still a layer between investors and the underlying loans. When WisdomTree's CRDT fund launched, it was tokenized on the Ethereum and Stellar blockchains, with plans to expand to other blockchains such as Avalanche in the coming weeks.
You may also like

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Kalshi's biggest competitor is not Polymarket

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value

The two giants are racing in "credit": loan balances of 9.9 billion vs 14.6 billion USD, Brazil has become the main battlefield

Rented Belief: How Much of the Bitcoin ETF Fund Flow is Real Money

On-chain finance: On-chain IPOs and on-chain ICOs, a new frontier in the trillion-dollar market

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Makes Affiliate Access Easier on the Web and in the App

Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It

Perp DEX: The Next Generation Exchange "War"

10 Counterintuitive Insights on Latin American Payments

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

