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WisdomTree Launches Chainlink NAV Feed for CRDT Tokenized Credit Fund
- WisdomTree and Chainlink launched a live net asset value (NAV) feed for the CRDT tokenized private credit fund on Ethereum on Nov. 5.
- The feed delivers decentralized pricing data via 16 independent oracle operators using Chainlink’s DataLink Services, with a reported NAV of $25.70 as of Nov. 4.
- The system provides publicly auditable pricing, enabling smart contract applications to verify fund value on-chain.
- The oracle network includes node operators such as Blockdaemon and Validation Cloud.
- The collaboration aims to enhance transparency for tokenized real-world assets and support the growth of on-chain financial markets.
Private Credit Fund Details
- Launched on Sept. 12, the CRDT fund requires a $25 minimum investment and operates on Ethereum and Stellar blockchains.
- The fund tracks the Gapstow Private Credit and Alternative Income Index, covering 35 alternative assets like closed-end funds and real estate investment trusts.
- The index rebalances monthly, targeting exposure to alternative credit sectors.
Infrastructure Developments
- On Oct. 30, WisdomTree deployed 14 tokenized funds on Plume Network.
- Galaxy allocated $10 million into the WisdomTree Government Money Market Digital Fund on Plume.
- OpenTrade and Nest will create yield vaults using WisdomTree tokenized funds, including CRDT.
- OpenTrade's stablecoin yield products will allow returns on USDC balances through exposure to WisdomTree’s funds.
- The vault infrastructure utilizes ERC-4626 and ERC-7540 standards for transparent interest rate tracking.
- Five Sigma manages over $6 billion in assets under UK Financial Conduct Authority supervision.
- WisdomTree offers SEC-registered tokenized funds through platforms for both retail and institutional clients across multiple blockchains.
- The strategy aligns with broader institutional adoption of digital assets, including Bitcoin as collateral for treasury operations.