WisdomTree has introduced a new tokenized fund named the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT). This innovative fund tracks a diversified basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts. With a low minimum investment requirement of just $25, it aims to enhance accessibility for various investors, offering a two-day redemption period. The launch reflects a broader trend within the asset management industry to tokenize traditional investment vehicles, as seen in initiatives from firms like BlackRock and Fidelity. Will Peck, head of digital assets at WisdomTree, emphasized that this development is about making the private credit asset class available to a broader audience. Private credit has gained popularity recently, driven by investors seeking yield-focused options, marking a significant move in combining blockchain technology with traditional finance.

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