WisdomTree Inc. has introduced its first tokenized fund, the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT), offering investors exposure to private credit investments. Launched on Friday, the fund tracks an equally weighted index of 35 closed-end funds, business development companies, and real estate investment trusts. This initiative follows the company's 2021 launch of an ETF based on the same benchmark.
The CRDT fund, with a minimum investment of $25, is redeemable within two days and aims to enhance liquidity while maintaining a barrier between investors and the underlying loans. Initially tokenized on the Ethereum and Stellar blockchains, WisdomTree plans to expand CRDT to other blockchains, including Avalanche, in the coming weeks.
WisdomTree Launches Tokenized Fund for Private Credit Investments
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