WisdomTree – Earlybirds Invest

WisdomTree has launched a new tokenized fund focusing on private credit.

The new fund, called the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT), tracks a basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts, Bloomberg reports.

It’s available with a minimum investment of just $25 and offers two-day redemption. WisdomTree, it’s worth adding, launched an ETF tracking the same benchmark in 2021, the WisdomTree Private Credit and Alternative Income Fund.

Private credit, lending done outside traditional banks, has ballooned in recent years as investors chase yield-focused investment options.

“It’s really just about bringing the asset class to a whole universe of different investors,” said Will Peck, head of digital assets at WisdomTree.

The firm has launched a number of tokenized investment vehicles so far, including ones offering exposure to money market funds, fixed income securities, and equities.

The new fund joins a growing trend among Wall Street’s largest asset managers. BlackRock, for example, manages a $2 billion money market fund, while Fidelity’s tokenized money market fund recently rolled out on Ethereum.

WisdomTree joins a broader trend. BlackRock’s tokenized $2 billion money market fund and experiments from Fidelity and VanEck suggest traditional finance is taking real-world asset tokenization seriously, even if it’s still small compared to the trillions in ETFs and mutual funds.

WisdomTree’s CRDT

According to the statement, the fund’s performance mirrors the Gapstow Private Credit and Alternative Income Index (GLACI). Subscriptions settle instantly (T+0), redemptions finalize in two days (T+2), and the minimum investment threshold is set at $25.

Will Peck, Head of Digital Assets at WisdomTree, said:

“CRDT unlocks access to one of the most coveted asset classes – alternatives – directly onchain. By expanding the breadth of our tokenized funds, we’re giving crypto native investors the chance to diversify via exposures that were once reserved for institutions, all within the digital ecosystem.”

The move highlights how asset managers are accelerating the tokenization of real-world assets (RWA). According to RWA.xyz, this trend has already pushed the total value of tokenized instruments on-chain to nearly $30 billion.

By turning private credit into a digital product, WisdomTree aims to shorten settlement cycles, offer greater transparency, and keep markets accessible around the clock.

Bringing Private Credit on-chain

Private credit, a form of debt financing provided outside traditional banks and public bond markets, has become one of the fastest-expanding areas in global finance.

Over the past years, companies have increasingly relied on it for tailored loans and flexible repayment schedules, fueling a market now valued at more than $1 trillion.

According to RWA.xyz data, the sector already dominates tokenized assets, accounting for over half of the $29 billion total. Provenance blockchain’s Figure platform controls the largest share at about $17 billion.

With CRDT, WisdomTree seeks to carve out space in this growing segment by offering a transparent, blockchain-based structure for investors who want exposure to private credit without the hurdles of institutional gatekeeping.

Jeremy Schwartz, Global Chief Investment Officer at WisdomTree, said:

““Private credit has become one of the most talked-about opportunities in today’s market. For four years, we’ve been proud to make this space more accessible to the individual investor through our ETF, and now CRDT is able to deliver yield potential in a modern, tokenized fund.”

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WisdomTree’s CRDT

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Bringing Private Credit on-chain

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