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RWA News: WisdomTree Debuts 14 Tokenized Funds on Plume Network

CoinDesk
WisdomTree launched 14 tokenized funds, including its Government Money Market Digital Fund, on the Plume blockchain for RWAs.

Summary

Asset manager WisdomTree has launched 14 tokenized funds on Plume, a blockchain focused on real-world asset (RWA) finance, enhancing institutional access to regulated on-chain products. These funds, accessible via WisdomTree Connect, allow direct holding, transfer, and settlement on Plume's network, supporting WisdomTree's multi-chain strategy. Galaxy Digital committed $10 million to WisdomTree’s Government Money Market Digital Fund as part of the rollout. Plume distinguishes itself by integrating KYC and AML compliance at the protocol level, offering built-in safeguards like wallet screening, which appeals to regulated products. This move extends WisdomTree's on-chain presence beyond Ethereum and Stellar, positioning it competitively against other asset managers bringing regulated vehicles on-chain.

(Source:CoinDesk)