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WisdomTree Elevates Crypto to Core Business as Tokenized Assets Reach $770 Million
At the Ondo Summit in New York on Tuesday, WisdomTree CEO Jonathan Steinberg said the firm's crypto and tokenization initiatives have shifted from experimentation to a central business focus as the unit approaches profitability. He noted that tokenized assets under management have climbed from about $30 million to roughly $770 million over the past year, with expansion beyond Ethereum into networks such as Solana and wider distribution via the WisdomTree Connect platform.