WisdomTree expands tokenised funds onto Solana

WisdomTree has expanded its full suite of tokenised funds onto the Solana network, citing transaction speed as it advances its regulated multi-chain strategy.

The US asset manager said the move allows institutional and retail investors to mint, trade and hold all of its tokenised products directly on Solana.

All of WisdomTree’s tokenised funds, spanning money markets, equities, fixed income, alternatives and asset allocation, are now available on the network alongside existing deployments on Ethereum, Arbitrum, Avalanche, Base and Optimism.

“Bringing our full suite of tokenised funds to Solana reflects our continued focus on regulated real-world assets across the onchain ecosystem,”

Said WisdomTree head of business development for digital assets Maredith Hannon.

Solana is the fourth-largest network for distributed tokenised assets, with about $1.3 billion in value and a 5.6% market share, according to RWA.xyz.

Hannon said Solana’s high transaction speeds support growing crypto-native demand while maintaining institutional regulatory standards, while Solana Foundation institutional growth head Nick Ducoff said the expansion reflects rising demand for scalable access to tokenised real-world assets.

Users will be able to access the funds through WisdomTree Connect and WisdomTree Prime, as well as by directly on-ramping USDC from Solana into the platforms.

At the time of reporting, Solana price was $125.03.