TechFlow, April 3 — According to Blockworks, WisdomTree announced its institutional-grade RWA platform, WisdomTree Connect, has expanded support to multiple EVM-compatible chains including Base, Arbitrum, Avalanche, and Optimism, no longer limited to Ethereum. At the same time, the platform launched 13 tokenized funds, including stock index funds, fixed income funds, asset allocation funds, and its flagship money market fund WTGXX, aiming to meet institutional clients' needs for building diversified on-chain investment portfolios.
The platform uses soul-bound NFT technology to tag wallets, enabling peer-to-peer transfers between Connect wallets. Currently, WisdomTree's WTGXX has a market cap of $108 million, and the company is applying to use its government money market digital fund as reserve assets for Frax USD while seeking investments in the Arbitrum RWA ecosystem.
