Asset Manager WisdomTree Intends to Release a Digital Wallet Next Year

Jason Guthrie, head of digital assets at asset manager WisdomTree, has said that the company will begin beta testing a mobile crypto wallet in the summer, and in 2023 the application will be available to all US customers.

The WisdomTree Prime application was announced in January.

At the initial stage, users will have access to tokenized versions of assets. Among the latest, Guthrie listed the US dollar, US government bonds, gold, Bitcoin and Ethereum. He has noted that the list will be expanded in the future. 

According to him, WisdomTree seeks to provide customers with the full functionality of the banking system, while getting rid of obsolete technologies. Guthrie has emphasized blockchain-based systems are serious competitors for traditional finance.

WisdomTree is trying to launch a spot Bitcoin ETF. In March, the US Securities and Exchange Commission moved the deadline for a decision on the company’s application to May 15.

staff
yourcryptostop.com