WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded
fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset
manager, announced today the WisdomTree +Crypto Model Portfolios.
The WisdomTree +Crypto Model Portfolios are expected to be
available for advisors to view as an educational resource,
including via Onramp Invest, a financial technology start-up
focused on integrating crypto assets into advisor workflows, with
integration into Gemini, a leading crypto platform.
Will Peck, WisdomTree’s Head of Strategy and Emerging
Technologies, said, “WisdomTree has always sought to be a leader in
providing educational information and tools for advisors. Advisors
are fielding questions about crypto assets now more than ever. Our
new +Crypto Model Portfolios are intended to serve as a resource
for advisors to consider as they guide their clients who may be
looking to participate, based on risk tolerance and other diligence
considerations, in this evolving segment of the market. The
combination of Onramp and Gemini, two innovative leaders propelling
the accessibility of digital assets, allows advisors to
strategically incorporate crypto assets into portfolios while
potentially considering information provided through WisdomTree’s
+Crypto Model Portfolios.”
“Onramp is excited to be the gateway and join forces with two
trusted brands in their respective spaces to provide access to
crypto assets for RIAs,” said Tyrone Ross, CEO of Onramp
Invest.
“Gemini is excited to continue to support the growth of
cryptocurrency within investor portfolios and to work with premier
partners to provide our leading custody, clearing, and execution
services to help their clients access one of the best performing
asset classes of the last decade,” said Dave Abner, Global Head of
Business Development of Gemini.
Crypto assets, such as bitcoin and ether, are complex,
exhibit extreme price volatility, are unpredictable, can become
illiquid at any time and should be viewed as highly speculative
assets. Gaining exposure to crypto assets presents new and
different risks and considerations that may be unfamiliar to
advisors, including in their attributes, execution, trading, costs
and custody, and may result in an entire loss. An advisor should
conduct diligence to, among other things, understand the crypto
asset, wallets or any other devices, software or trading platforms
used to interact with the crypto asset, blockchain network or
relevant network application, potential harm due to loss of private
keys, and the liquidity, volatility, complexity, execution, costs,
regulatory status (including tax implications) and other risks of
the crypto assets, to ensure suitability for any end client in
light of individual circumstances, financial position and risk
tolerance.
WisdomTree +Crypto Model Portfolio information is
designed to be used by advisors solely as an educational resource,
along with other potential resources advisors may consider, in
providing services to their end clients. WisdomTree’s +Crypto Model
Portfolios and related content are for information only and are not
intended to provide, and should not be relied on, for tax, legal,
accounting, investment or financial planning advice by WisdomTree,
nor should any WisdomTree +Crypto Model Portfolio information be
considered or relied upon as investment advice or as a
recommendation from WisdomTree, including regarding the use or
suitability of any WisdomTree +Crypto Model Portfolio, any
particular security or any particular strategy. In providing
WisdomTree +Crypto Model Portfolio information, WisdomTree is not
acting and has not agreed to act in an investment advisory,
fiduciary or quasi-fiduciary capacity to any advisor or end client,
and has no responsibility in connection therewith, and is not
providing individualized investment advice to any advisor or end
client, including based on or tailored to the circumstance of any
advisor or end client. Advisors are solely responsible for making
investment recommendations and/or decisions with respect to an end
client, and should consider the end client’s individual financial
circumstances, investment time frame, risk tolerance level and
investment goals in determining the appropriateness of a particular
investment or strategy, without input from WisdomTree.
The Onramp collaboration referenced herein is memorialized via a
licensing agreement whereby WisdomTree has provided a license to
Onramp for displaying WisdomTree +Crypto Model Portfolios on the
Onramp platform to be accessed by advisors at their own discretion.
WisdomTree does not have an arrangement with Gemini, which is an
Onramp relationship. WisdomTree makes no representations,
warranties, endorsements or recommendations regarding Onramp,
Gemini, or their products or services.
WisdomTree or its affiliates may currently, or in the future,
offer or invest in digital asset products, services or platforms.
The proprietary interests of WisdomTree may conflict with your
interests.
About WisdomTreeWisdomTree Investments, Inc.,
through its subsidiaries in the U.S. and Europe (collectively,
“WisdomTree”), is an ETF and ETP sponsor and asset manager
headquartered in New York. WisdomTree offers products covering
equity, commodity, fixed income, leveraged and inverse, currency,
cryptocurrency and alternative strategies.
WisdomTree® is the marketing name for WisdomTree Investments,
Inc. and its subsidiaries worldwide.
About Onramp Invest LLCOnramp Invest is an
iPaaS (integration Platform as a Service) technology company
providing access to crypto assets for registered investment
advisors. Our comprehensive crypto asset management solution will
enable advisors to help their clients safely, confidently, and
intelligently invest in the new age all within their existing
workflows and billing models.Invest with purpose. Learn more at
onrampinvest.com
About GeminiGemini is a platform that allows
customers to buy, sell, store, and earn cryptocurrencies like
bitcoin, ether, and DeFi tokens. Gemini’s simple, reliable, and
secure products are built to empower the individual. Gemini was
founded in 2014 by twin brothers Cameron and Tyler Winklevoss.
Contact Information:
Media RelationsWisdomTree Investments, Inc.Jessica
Zaloom+1.917.267.3735Jzaloom@wisdomtree.com /
wisdomtree@fullyvested.com
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