RWA News: WisdomTree Debuts 14 Tokenized Funds on Plume Network
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)