WisdomTree Pushes Private Credit On-Chain with Tokenized Digital Fund

WisdomTree has recently launched the Private Credit and Alternative Income Digital Fund (CRDT), taking a significant step in expanding access to alternative investments. This fund, unveiled on September 12, operates on both Ethereum and Stellar blockchains. As announced, it is available to investors through WisdomTree’s Prime and Connect platforms.

WisdomTree Brings Private Credit to Blockchain

Private credit has become one of the fastest-growing areas of global finance, with the market now valued at more than $1 trillion. It gives funding without going through regular banks or selling bonds in public markets. It also offers companies flexible loans and repayment structures tailored to their needs.

By tokenizing private credit, WisdomTree aims to shorten settlement cycles, improve transparency, and provide investors with 24/7 market access. The performance of CRDT tracks the Gapstow Private Credit and Alternative Income Index (GLACI). 

Investors can invest in this fund with as little as $25. New investments go through instantly (T+0), while withdrawals are ready in two days (T+2). This makes it easy to start and keeps the process smooth.

Tokenization Gains Speed as Big Asset Managers Move to Blockchain

Across the finance industry, tokenization has gained widespread traction. The process involves turning traditional financial assets into digital tokens, which are then stored on a blockchain. 

BlackRock put this into practice with its tokenized money market fund, the BUIDL fund, on Ethereum. The tokenized fund, now expanded to the Solana network, has attracted strong inflows, showing that investors are ready to embrace digital forms of traditional assets.

Franklin Templeton made a similar move with its OnChain U.S. Government Money Fund, which operates on Stellar and Polygon. It became one of the first registered mutual funds to record share ownership directly on a public blockchain. Robinhood and other investment firms have also joined the trend.

Tokenized Assets on Blockchain Near $76B 

Together, these projects have pushed the total value of tokenized assets on-chain close to $76 billion, based on data from RWA.xyz. 

Private credit is the biggest driver of this growth, already making up more than half the total. Figure, running on the Provenance blockchain, leads the market with about $17 billion in tokenized assets.

Over time, the WisdomTree firm has steadily grown its digital asset products, and its CRDT fund marks a big step forward. By blending blockchain with alternative finance, WisdomTree is opening new opportunities for investors to access areas that were once limited to a few.