WisdomTree’s Will Peck on Crypto Innovation and the Clarity Act
- Will Peck, head of digital assets at WisdomTree, believes pending U.S. crypto legislation will not hinder innovation.
- The proposed Clarity Act aims to clarify jurisdiction between the SEC and CFTC regarding digital asset regulation.
- WisdomTree offers a spot bitcoin ETF in the U.S. and various crypto exchange-traded products in Europe.
- The firm operates a significant tokenized money market fund, catering to investors seeking yield on-chain.
- Peck stated that the fund allows continuous trading, enabling instant settlement for institutional investors.
WisdomTree is focused on expanding regulated investment products on-chain, including tokenized instruments like ETFs and yield-generating products. The firm remains optimistic about demand despite recent crypto price volatility.
Peck emphasized that existing regulatory frameworks are sufficient for progress in the industry, highlighting WisdomTree’s ongoing initiatives such as its tokenized money market fund that has found “good product market fit.” (Source)
