Jeremy Schwartz and Meredith Hennon from WisdomTree discuss how tokenization could disrupt asset management the way ETFs disrupted mutual funds. The asset manager's tokenized money market fund, WTGXX, has scaled to $700M in AUM with 6x year-over-year growth. They detail WisdomTree's multi-chain strategy (8 chains deployed, 5 EVM integrations in one day) and their focus on accessibility, making products available on Stellar with 24/7 subscriptions starting at $1 minimum.
Jeremy Schwartz, Global Chief Investment Officer at WisdomTree, and Meredith Hennon, Head of Business Development for Digital Assets, discuss how tokenization is poised to disrupt asset management the way ETFs transformed mutual funds. WisdomTree's tokenized money market fund, WTGXX, has reached $700M in assets under management with 6x year-over-year growth, offering 24/7 subscriptions and redemptions with a $1 minimum investment across 8 public blockchains. The conversation covers WisdomTree's multi-chain strategy, including deployments to 5 EVM chains in a single day, emphasizing how institutional adoption hinges on distribution and accessibility rather than blockchain choice. Key focus: bringing financial products to retail investors through smartphones and public chains, with governance controls at the token level.
