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US investment giant launches platform focused on RWA tokens
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WisdomTree, one of the leading investment managers in the United States, has just launched its new WisdomTree Connect platform, aimed at the tokenization of real assets (RWA).
The platform, which seeks to integrate the traditional financial market into the decentralized ecosystem, will allow companies and institutions to acquire and manage tokenized assets directly from their digital wallets. In this way, it will offer a new way to invest in financial products through blockchain technology.
Initially, the company will issue tokens on the Ethereum blockchain, one of the most secure and widely used for crypto transactions. However, WisdomTree has already announced plans to expand compatibility to other networks, expanding the reach and flexibility of the platform.
According to the company’s announcement, WisdomTree Connect emerges as an innovative solution in the investment market. This is because it will allow the acquisition of tokenized real assets, such as money market funds, without the need for prior conversion of cryptocurrencies into fiat currencies.
RWA Tokens
This eliminates a common barrier for institutions looking to diversify their portfolios with tokenized assets, thus facilitating the transaction process in the decentralized digital environment.
With this approach, WisdomTree aims to provide a more accessible and efficient means of investing in traditional financial assets, using blockchain to ensure security, transparency and greater control over investments.
The acquired tokens can be stored in self-hosted digital wallets or with third-party custodians, offering flexibility that meets the preferences of each investor.
The first product to be made available on WisdomTree Connect is the WisdomTree Government Money Market Digital Fund (WTGXX). This fund will allow investors to manage money market assets directly through the blockchain, an innovation that promises to revolutionize the way institutional investors deal with these types of assets.
Over time, the platform also aims to incorporate a wider variety of financial assets and products, offering new opportunities for both large companies and consumer-facing platforms, such as the WisdomTree Prime app, which complements the new platform.
Tokenization of real assets (RWA) is gaining momentum as a trend in the financial sector, and WisdomTree Connect is a significant step in that direction.
US investment giant launches platform focused on RWA tokens
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US investment giant launches platform focused on RWA tokens
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US investment giant launches platform focused on RWA tokens