TechFlow news, September 12 — According to Bloomberg, asset management firm WisdomTree Inc. has launched its first tokenized fund offering investors exposure to private credit, marking the latest Wall Street effort to connect a rapidly growing market with blockchain technology.
The fund, named the WisdomTree Private Credit and Alternative Income Digital Fund (ticker: CRDT), went live on Friday and tracks an equal-weighted index composed of 35 closed-end funds, business development companies, and real estate investment trusts. WisdomTree previously launched an ETF based on the same benchmark in 2021.
The newly launched tokenized fund brings private debt exposure onto a blockchain platform, with a minimum investment threshold of $25, significantly lowering the entry barrier compared to traditional private credit products.
