tl;dr
Asset manager WisdomTree launched 14 tokenized funds on Plume, a blockchain platform for real-world assets (RWA), on Thursday. The initiative offers institutional investors regulated, on-chain access to products like the *Government Money Market Digital Fund* and *CRDT Private Credit and Alternative...
**WisdomTree Expands On-Chain Footprint with 14 Tokenized Funds on Plume, Bolstering Institutional Access to Regulated Crypto Products**
In a significant move to bridge traditional finance and blockchain innovation, asset manager WisdomTree has launched 14 tokenized funds on Plume, a blockchain platform specializing in real-world assets (RWA) finance. This initiative marks a pivotal step in expanding access for institutional investors to regulated, on-chain investment products, according to an announcement shared on Thursday.
The newly listed funds, available through WisdomTree Connect, include the firm’s *Government Money Market Digital Fund* and *CRDT Private Credit and Alternative Income Fund*. These offerings enable investors to hold, transfer, and settle positions directly on Plume’s blockchain network, leveraging its compliance-focused infrastructure. The move aligns with WisdomTree’s broader multi-chain strategy to make its regulated products accessible across multiple blockchain ecosystems.
A key milestone in the rollout is Galaxy Digital’s $10 million allocation to WisdomTree’s *Government Money Market Digital Fund*, signaling early institutional confidence in the platform. Luke Xiao, head of partnerships at Plume, highlighted the significance of the partnership, stating, “WisdomTree’s tokenized funds exemplify how regulated products can thrive in a compliant, permissionless environment.”
**Plume’s Compliance-First Design**
Unlike general-purpose blockchains such as Ethereum or Polygon, Plume integrates know-your-customer (KYC) and anti-money laundering (AML) protocols directly into its protocol level. Features like wallet screening and sanctions enforcement provide built-in safeguards, addressing critical regulatory concerns. Plume recently secured registration as a transfer agent with the U.S. Securities and Exchange Commission (SEC), further validating its role in the RWA space. The platform currently boasts over 276,000 RWA holders and approximately $600 million in tokenized assets, positioning it as the largest blockchain by RWA participants.
**WisdomTree’s Strategic Expansion**
For WisdomTree, the partnership with Plume extends its on-chain footprint beyond Ethereum and Stellar. The firm, which manages over $100 billion in traditional assets, now oversees about $650 million in tokenized assets. Its digital funds are SEC-registered 1940 Act products, utilizing soulbound NFTs to enable on-chain transfers between verified wallets while maintaining AML and KYC controls.
Maredith Hannon, Head of Business Development for Digital Assets at WisdomTree, emphasized the benefits of the collaboration: “By adding Plume, investors gain access to diversified tokenized fund strategies and more efficient settlement, while maintaining compliance standards.”
**Competition and Innovation in the RWA Space**
WisdomTree’s move underscores growing competition among asset managers to bring regulated investment vehicles onto blockchain. Firms like BlackRock and Franklin Templeton are also exploring similar strategies, aiming to streamline operations, enhance liquidity, and open new distribution channels. The integration of RWA finance into blockchain infrastructure represents a transformative shift, combining the efficiency of decentralized systems with the rigor of traditional financial regulations.
As institutional interest in tokenized assets continues to grow, WisdomTree’s partnership with Plume highlights the potential for blockchain to become a cornerstone of modern finance—a bridge between legacy systems and the future of asset management.