WisdomTree, a prominent crypto ETF issuer, has acquired alternative asset manager Ceres Partners for $275 million in cash, with potential additional payments of up to $225 million based on performance. This strategic acquisition aims to broaden WisdomTree's reach into the exchange-traded products (ETP), custody, and tokenization markets, enhancing its position in the evolving digital asset landscape.
WisdomTree Acquires Ceres Partners for $275 Million to Expand Crypto Services
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