US-based asset management company WisdomTree announced another significant step in its tokenization strategy by migrating all its tokenized fund products based on real-world assets (RWA) to the Solana network. According to the company, this expansion is one of WisdomTree's most comprehensive non-EVM chain integrations to date.
WisdomTree has previously integrated with networks such as Arbitrum and Avalanche
WisdomTree has offered its tokenized funds primarily on Ethereum, as well as EVM-compatible networks such as Arbitrum, Avalanche, Base, and Optimism, and a non-EVM chain like Stellar. The Solana integration marks a new phase in the company's multichain distribution strategy. With this step, both individual and institutional investors will be able to directly access WisdomTree's tokenized funds focused on money markets, equities, fixed-income securities, alternative investments, and asset allocation on Solana. With this integration, WisdomTree Connect, the company's platform for institutional investors, will support functions such as direct token issuance, fund position management, and custody on Solana. Institutional clients will also be able to interact with native applications and protocols within the Solana ecosystem, subject to applicable risk controls. This structure paves the way for more integrated use of tokenized traditional finance products with decentralized applications. Through the WisdomTree Prime platform, which caters to individual investors, users can purchase tokenized funds without going through traditional banking channels by adding USDC or using conversion services with PayPal's stablecoin PYUSD. Investments can be held in Solana-based self-custody wallets, allowing users to maintain direct control over their assets. Maredith Hannon, Head of Digital Assets Business Development at WisdomTree, stated that the Solana integration reflects the company's focus on regulated real-world assets. According to Hannon, Solana's high transaction speed and low-cost infrastructure make it easier to meet the demands of crypto-familiar investors while also ensuring the regulatory standards expected by institutional investors are maintained.
The on-chain tokenization of real-world assets has recently gained increasing interest among traditional asset managers. This approach has the potential to shorten exchange and settlement times, expand investment access, and create new distribution channels for regulated financial products. WisdomTree is among the companies actively involved in this field. According to RWA.xyz data, the company manages over $772 million in tokenized assets within its multi-chain distributions.
The Solana ecosystem is also rapidly growing in the tokenization space. According to RWA.xyz data, the total value of real-world assets held on-chain on Solana has exceeded $1.3 billion. This makes the network one of the most popular platforms for tokenized funds and similar financial products. WisdomTree's expansion onto Solana is seen as a development that could further accelerate this growth.
