WisdomTree Launches Tokenized Private Credit Fund
WisdomTree has introduced a new tokenized fund focused on private credit, offering investors low minimums and fast access to liquidity.
The WisdomTree Private Credit and Alternative Income Digital Fund (CRDT) tracks a basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts, Bloomberg reports. Investors can participate with as little as $25, and redemptions are processed within two days.
This digital fund builds on WisdomTree’s 2021 ETF covering the same benchmark, the WisdomTree Private Credit and Alternative Income Fund. Private credit—lending outside traditional banks—has grown rapidly in recent years as investors chase yield-focused opportunities.
“It’s really just about bringing the asset class to a whole universe of different investors,” said Will Peck, head of digital assets at WisdomTree.
The launch reflects a broader push by major asset managers into tokenized products. BlackRock manages a $2 billion tokenized money market fund, while Fidelity and VanEck have launched similar offerings on blockchain platforms. Although still small compared to ETFs and mutual funds, these initiatives show traditional finance embracing digital asset tokenization.
