Investment firm WisdomTree has launched a tokenised private credit and alternative income fund, which will be available to both institutional and retail investors.
The WisdomTree Private Credit and Alternative Income Digital Fund will be hosted on the WisdomTree Prime and WisdomTree Connect platforms.
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It aims to deliver exposure to private credit through a transparent, tokenised fund structure, and will seek to track the price and yield performance, before fees and expenses, of the Gapstow Private Credit and Alternative Income Index.
The fund has a minimum investment of $25 (£18.50) and will have a T+0 settlement for subscriptions and T+2 settlement for redemptions.
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“Private credit has become one of the most talked-about opportunities in today’s market,” said Jeremy Schwartz, global chief investment officer at WisdomTree. “For four years, we’ve been proud to make this space more accessible to the individual investor through our ETF, and now [the fund] is able to deliver yield potential in a modern, tokenised fund.”
“The fund unlocks access to one of the most coveted asset classes – alternatives – directly on-chain,” added Will Peck, head of digital assets at WisdomTree. “By expanding the breadth of our tokenised funds, we’re giving crypto native investors the chance to diversify via exposures that were once reserved for institutions, all within the digital ecosystem.”
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