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WisdomTree launched 14 tokenized funds on the Plume Blockchain.
PANews, October 31 - According to a report by CoinDesk, asset management company WisdomTree has launched 14 tokenized funds on the Plume blockchain, broadening channels for institutional investors to access regulated on-chain investment products. Users can invest in these funds through the WisdomTree Connect platform, which includes the company's government money market digital fund and the CRDT private credit and alternative yield fund, allowing investors to directly hold, transfer, and settle positions on the Plume blockchain network. As part of this initiative, Galaxy Digital announced it will invest $10 million in WisdomTree's government money market digital fund, highlighting the participation of early institutional investors. It is reported that Plume integrates KYC and AML compliance directly at the protocol layer, offering built-in security measures such as wallet screening and sanctions enforcement.