Gate News, March 31—WisdomTree, an asset management company, said the Clarity Act being discussed by the U.S. Congress is not a necessary prerequisite for it to advance its crypto and tokenization business, and that industry innovation can continue under the existing regulatory framework. Will Peck, head of digital assets at the company, noted that the SEC’s existing tools are sufficient to support the development of tokenized securities and funds. “We don’t believe the bill is a gate,” he said.
WisdomTree has continued to build momentum in the crypto and tokenization space in recent years. It has launched spot Bitcoin ETFs in the U.S. and offers a range of crypto exchange-traded products in Europe. More recently, the company has focused on tokenizing real-world assets (RWA), especially money market funds, and has gained some market traction. Peck revealed that the fund achieves near real-time settlement by obtaining a regulatory exemption, allowing investors to convert at any time between U.S. dollars, stablecoins (such as USDC), and the fund—showing a new model for traditional financial products after they move on-chain.
The company’s future plans include further expanding into more tokenized products, including ETFs and yield-bearing assets, so that investors can access traditional financial assets directly through digital wallets. Peck stressed that while the Clarity Act is beneficial for the industry, industry development has not stalled: “Even amid market volatility, we’re still moving at full speed.”