Global asset manager WisdomTree has launched a new digital asset fund that brings a traditional on-chain options strategy, a development that highlights the growing convergence between legacy asset management and blockchain-based financial infrastructure.
The WisdomTree Equity Premium Income Digital Fund, trading under the ticker symbol EPXC and fund symbol WTPIX, is designed to track the price and yield performance of the Volos US Large Cap Target 2.5% PutWrite Index.
The benchmark index models a systematic “stock sale” strategy, in which the index sells cash-secured put options to generate income. Rather than writing options directly on the S&P 500, the strategy uses contracts linked to the SPDR S&P 500 ETF Trust (SPY), thereby earning premiums by acting as an options seller.
For investors concerned about volatility or downside riskwriting put options can provide a predictable stream of premium income and a modest buffer in flat or slightly declining markets.
EPXC is available to institutional and retail investors. Because the the fund is tokenizedit is also accessible to crypto-native users, who benefit from blockchain infrastructure that offers faster settlement and more flexible transferability compared to traditional fund structures.
Will Peck, WisdomTree’s head of digital assets, said the launch aims to give investors greater choice in executing their on-chain investment strategies, marking another step in the company’s broader push into tokenized assets.
Related: Crypto index ETFs will be the next wave of adoption – director of WisdomTree
WisdomTree emerged in the early days of tokenization as the wealth sector catches up.
WisdomTree was one of the first asset managers to embrace tokenization and now manages 15 tokenized funds across multiple blockchains, including Ethereum, Avalanche and Base.
Its digital government money market fund — a tokenized version of a traditional government money market fund that invests in short-term U.S. government securities — is the company’s most active tokenized product, with more than $730 million in assets, according to industry data.
As Cointelegraph previously reportedthe asset manager also launched a tokenized private credit fund in September. The new vehicle provides investors with access to blockchain-based private credit and has seen rapid inflows following its launch.
The broader finance and wealth management sectors have been slower to adapt, with institutions such as Goldman Sachs and BNY Mellon has only recently rolled out tokenized money market products.
Some in the industry see this trend as a potential response to the rapid rise of stablecoinswhich now serve as de facto monetary instruments across much of the digital asset ecosystem.
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