WisdomTree launches its first tokenized fund, providing investors with exposure to private credit investments

ChainCatcher news, according to Bloomberg, WisdomTree Inc. has launched its first tokenized fund, providing investors with exposure to private credit investments.

The WisdomTree Private Credit and Alternative Income Digital Fund (ticker CRDT) officially launched on Friday, tracking an equal-weight index composed of 35 closed-end funds, business development companies, and real estate investment trusts. The company had previously launched an ETF based on this benchmark in 2021. The minimum investment for the tokenized fund is $25, and it supports redemptions within two days. CRDT tracks an index of publicly traded investment vehicles linked to private credit, a design that lowers the entry barrier and enhances liquidity, but investors are still separated from the underlying loans.

At the launch of WisdomTree's CRDT fund, it will be tokenized on the Ethereum and Stellar blockchains, with plans to expand to other blockchains, such as Avalanche, in the coming weeks.