WisdomTree Launches Tokenized Private Credit Fund on Ethereum and Stellar
- WisdomTree launched the CRDT fund on September 12, enabling investments in private credit via blockchain.
- The fund’s performance is linked to the Gapstow Private Credit and Alternative Income Index (GLACI).
- Minimum investment is set at $25, with instant subscriptions (T+0) and redemptions in two days (T+2).
- Private credit market exceeds $1 trillion, with tokenized assets accounting for over half of the $29 billion total.
- Provenance blockchain’s Figure platform holds a significant share of the tokenized private credit market at approximately $17 billion.
This initiative by WisdomTree reflects a growing trend in asset management towards the tokenization of real-world assets, aiming to enhance transparency and accessibility in financial markets.
With CRDT, investors gain access to an asset class previously limited to institutions, as evidenced by the fund’s low entry point and quick settlement times. (Source)
