Asset manager WisdomTree has reported $2.24 billion in cryptocurrency assets under management by the end of the fourth quarter, highlighting the growing role digital assets and tokenization are playing in its broader business. The firm said total assets under management reached a record $144.5 billion, up 5.3 percent quarter over quarter, driven largely by market appreciation and its acquisition of Ceres Partners, despite some net outflows. While the bulk of WisdomTree’s AUM remains concentrated in U.S. equities, commodities, and fixed income exchange-traded funds, crypto has emerged as a steadily expanding segment. The reported crypto AUM was lower than the nearly $3.2 billion recorded at the start of the quarter, but still marked an increase from $1.9 billion a year earlier, underscoring longer-term growth despite near-term volatility.
WisdomTree chief executive Jonathan Steinberg said initiatives that were once considered experimental are now contributing meaningfully to momentum, even though they remain in early stages of development. He pointed to models, tokenized assets, and private market offerings as examples of businesses moving from concept to execution. The shift comes amid a broader change in institutional attitudes toward crypto during the first year of President Donald Trump’s second term, which has seen a wave of crypto-related exchange-traded products come to market. Rather than focusing heavily on speculative altcoin products, WisdomTree has emphasized blockchain-based issuance and regulated structures. Its crypto strategy has included selective innovation, such as launching Europe’s first Ethereum staking ETF that earns rewards through exposure to stETH, while maintaining a measured approach aligned with institutional demand.
A central pillar of WisdomTree’s digital asset push has been tokenization across multiple blockchain networks. The firm has issued investment products on Ethereum and related networks, including Arbitrum, Avalanche, Base, and Optimism, as well as on non-EVM chains such as Stellar and Solana. These offerings span money market funds, equities, fixed income, and alternative assets, including a tokenized version of its flagship U.S. debt money market fund. Earlier this week, WisdomTree said it would reissue its full suite of onchain funds on Solana, adding to roughly $780 million in assets currently managed across its blockchain deployments. As tokenization expands, the firm reported rising crypto- and metals-related advisory and licensing costs, reflecting increased investment in infrastructure to support what it views as a long-term growth opportunity.
