WisdomTree Launches Tokenized Private Credit Fund

WisdomTree has unveiled a new tokenized fund focused on private credit, offering investors low minimums and fast liquidity.

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. Investors can participate with as little as $25, and the fund offers two-day redemption.

This digital offering builds on WisdomTree’s 2021 ETF tracking the same benchmark, the WisdomTree Private Credit and Alternative Income Fund. Private credit—lending conducted outside traditional banks—has grown rapidly in recent years as investors seek yield-focused opportunities.

“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 launch is part of WisdomTree’s broader tokenized product strategy, which includes vehicles offering exposure to money market funds, fixed income, and equities. The initiative reflects a wider trend in traditional finance: BlackRock manages a $2 billion tokenized money market fund, and Fidelity and VanEck have also explored tokenized investment vehicles.

While still small compared to the trillions in ETFs and mutual funds, these offerings indicate major asset managers are taking real-world asset tokenization seriously.