🔔WisdomTree CEO: Crypto Business Has Become a Core Business and Is Nearing Profitability
According to a report by CoinDesk on February 4th, Jonathan Steinberg, CEO of WisdomTree, which manages $150 billion in assets, stated that the company's crypto business has moved from an early experimental phase to a core strategic focus and is nearing profitability. The asset management firm is rapidly expanding its digital asset portfolio, with tokenized assets growing from approximately $30 million to approximately $750 million, while also expanding into more blockchain networks, including Solana. Steinberg views crypto as central to modern financial infrastructure, emphasizing that tokenized funds, the WisdomTree Connect platform, and a strategic focus on compliance-oriented tokenization technologies are key initiatives driving the company's long-term growth.