WisdomTree CEO: Crypto Business Becomes Core Focus and Near Profitability

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Release Time: 02/04/2026 03:46:29

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Summary

According to digital asset news, WisdomTree CEO Jonathan Steinberg stated that the company's cryptocurrency business is now a core focus and nearing profitability. The $150 billion asset manager has seen tokenized assets grow from $30 million to $750 million, operating on blockchains such as Solana. Steinberg highlighted tokenized funds, the WisdomTree Connect platform, and RWA (real-world asset) news-driven tokenization investments as key pillars for growth.

BlockBeats News: On February 4, according to CoinDesk, Jonathan Steinberg, CEO of WisdomTree, which manages $150 billion in assets, stated that the company's cryptocurrency business has evolved from an early experimental phase to a core strategic focus and is nearing profitability.

This asset management company is rapidly expanding its digital asset footprint, with tokenized assets growing from approximately $30 million to around $750 million, while also expanding to more blockchain networks including Solana.

Steinberg views encryption as the core of modern financial infrastructure, emphasizing that tokenized funds, the WisdomTree Connect platform, and a strategic focus on compliance-driven tokenization technology are key initiatives driving the company's long-term growth.

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