Global asset manager WisdomTree is expanding its tokenised fund lineup to the Solana network, Cointelegraph reported on Jan. 28.
WisdomTree is accelerating its multichain strategy by adding Solana support alongside Ethereum, Arbitrum, Avalanche, Base and Optimism.
WisdomTree said it will support trading of all tokenised funds on Solana and enable institutional and retail investors to issue, trade and hold funds directly. With the expansion, all products, including money market, equity, bond, alternative asset and asset allocation funds, can now be traded on Solana.
Meredith Hannon (마레디스 해넌), head of business development for digital assets at WisdomTree, stressed that using Solana’s ultra-fast transaction speeds and infrastructure can meet crypto-native demand while maintaining regulatory standards expected by institutions. Solana is currently ranked fourth after Ethereum, with a tokenised asset network value of $1.3 billion and a market share of 5.6 percent.
Chi-gyu Hwang
delight@d-today.co.kr