Crypto Asset Manager WisdomTree reveals Direct-to-Retail digital wallet-

Crypto Asset Manager WisdomTree reveals Direct-to-Retail digital wallet-

Wisdomtree, manager of crypto-assets and stock market-traded funds (ETF), has announced that the company is launching a new digital wallet called Wisdomtree Prime that enables users to keep crypto-assets, blockchain-enabled funds, tokenized versions of raw materials and access to stocks or Bonds based on the indices of Wisdomtree.

Wisdomtree has prime wallet in the second quarter of 2022

On January 28, the crypto asset and fund manager wisdom tree revealed the introduction of a new product called wisdom tree prime . According to the Announcement , written by Will Peck, Head of Digital Assets of the company, the company has launched a "new direct-to-retail-fintech offer". At the moment WisdomTree Prime people allows you to join the Beta-Warteliste, and the application is officially introduced in some selected states of the United States in the second quarter of 2022.

"Wisdomtree Prime is a digital wallet that is made available as a mobile app and enables users to invest, save and output with digital assets," explains PCKS announcement.

Users can in certain crypto-assets such as invest bitcoin (btc) and ether (eth) alongside blockchain- funds. The funds could include shares or bonds based on the indices of Wisdomtree and symbolized versions of physical assets such as gold. Peck explains that the company's new direct-to-retail fintech product will finally be expanded.

"We are striving for the beta start in certain states in the second quarter, and we are striving for a nationwide introduction this year. While we have started as a retail app, we look forward to operating institutions and financial advisory companies over time," said the head of the Digital Assets area of ​​the company.

The announcement of the digital wallet follows the Wisdomtree Enhanced Commodity Strategy Fund (GCC) of the company and its investment in the blockchain-based infrastructure provider Securrency. Peck's blog post describes that the application should be a "curated experience" and that a debit card can be connected to the assets of the application in the future.

"We do not aim to be an app for trade and speculation, but rather offer a core suite of savings, payment and investment risks and services," added Peck. "For example, we build functions such as a debit card that can be linked to certain of these assets."

What do you think of the announcement of the digital wallet from Wisdomtree? Share your opinion on this topic in the comment area below.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com news about the disruptive protocols that arise today.


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