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WisdomTree, Inc. Brings Private Credit Onchain with the Launch of Tokenized WisdomTree Private Credit and Alternative Income Digital Fund


WisdomTree, Inc. Brings Private Credit Onchain with the Launch of Tokenized WisdomTree Private Credit and Alternative Income Digital Fund

WisdomTree, Inc. announced the launch of the WisdomTree Private Credit and Alternative Income Digital Fund available to both retail and institutional investors via the WisdomTree Prime and WisdomTree Connect platforms. The fund seeks to track the price and yield performance, before fees and expenses, of the Gapstow Private Credit and Alternative Income Index. WisdomTree has years of experience in this space and sponsors an ETF, the WisdomTree Private Credit and alternative Income Fund (HYIN), that seeks to track the same benchmark. CRDT aims to deliver exposure to private credit through a transparent, tokenized fund structure, making this traditionally hard-to-access market available to crypto-native investors and institutions.

A distributed ledger is a database in which data is stored in a decentralized manner. A blockchain stores transaction data in "blocks" that are linked together to form a "chain", and hence the name blockchain. Tokenization is the recording of digital representations of Fund shares on an applicable blockchain.

Blockchain technology is a relatively new and untested technology, with little regulation. Blockchain systems could be vulnerable to fraud, particularly if a significant minority of participants colluded to defraud the rest. Potential risks also include vulnerability to theft, or inaccessibility, and future regulatory developments could affect its viability.

Blockchain networks can also experience delays in transaction processing and settlement, particularly during periods of high network congestion or increased transaction volume. Blockchain networks typically impose transaction fees in the form of the network's native digital asset. These fees can be unpredictable and may vary significantly depending on network conditions and levels of congestion.

Investors should note that they may experience materially different service levels on different blockchains. Cybersecurity attacks affecting a Digital Fund's third-party service providers, the application used to transact in Digital Fund shares, blockchain network, or the issuers of securities in which a Digital Fund invests may subject a Digital Fund to many of the same risks associated with direct cybersecurity breaches. Please read the Fund's prospectus for specific details regarding the Fund's risk profile.

Statements concerning financial market trends are based on current market conditions, which will fluctuate.

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