WisdomTree Expands Global Digital Assets Team
November 19 2021 - 9:15AM
WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded
fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset
manager, announced today the expansion of its global digital assets
team.
The team focuses on existing and new investment
products, indexes and strategies that provide exposure to crypto
assets, along with new blockchain-enabled products and services
across global markets. With the recent additions, WisdomTree now
has a dedicated team of twelve professionals across the U.S., U.K.,
and Ireland focused exclusively on technology, compliance, legal,
product, marketing, research and education, related to digital
assets, blockchain and decentralized finance (DeFi).
“WisdomTree is focused on digital assets on a
number of levels, including our ETPs in Europe and new product
development globally. We are embracing ‘responsible DeFi’ that
upholds the foundational principles of regulation in this
innovative and quickly evolving space,” said Jonathan Steinberg,
WisdomTree Founder and CEO. “We’re a company rooted in innovation
and transparency, and we see 'responsible DeFi’ as the next chapter
for us and the broader financial services industry as a whole.”
Included in the recent new hires is John Davidson,
joining as WisdomTree’s new Global Head of Financial Crimes,
focused on anti-money laundering (AML) and regulatory compliance.
Before joining WisdomTree, John held a similar title at E*TRADE
and was a Managing Director at Morgan Stanley. Prior to that, he
spent 19 years as an enforcement attorney and AML policy specialist
at the Office of Thrift Supervision, the Board of Governors of the
Federal Reserve, and the Securities and Exchange Commission. John
frequently serves as a speaker at global AML conferences and at
examiner training schools.
“We are committed to building innovative products
that aim to deliver a better and consumer-first user experience in
this space,” said Will Peck, Head of Digital Assets at WisdomTree.
“Expanding our team with hires like John, combined with continued
investment in areas such as compliance infrastructure, allows us to
pave the way for continued mainstream adoption of digital assets
and DeFi.”
Ryan Louvar, Chief Legal Officer and Head of
Business and Legal Affairs, Digital Assets, added: “Whether through
ETFs, digital assets or DeFi, WisdomTree will continue to be a
trusted provider of innovative products and services guided by
proactive regulatory collaboration.”
The digital assets team expansion comes amid a
variety of related WisdomTree initiatives including: WisdomTree’s
Enhanced Commodity Strategy Fund (GCC) becoming the first ETF to
provide exposure to crypto assets through bitcoin futures; the
continued success of Bitcoin and Ether ETPs in Europe; the firm’s
collaboration with OnRamp and Gemini to support a new digital asset
variable annuity product by Federal Life through the development of
our +Crypto model portfolio; our investment in Securrency, Inc.,
the blockchain-based financial services infrastructure provider
with respect to regulated funds and tokenized assets; and various
digital asset and blockchain-related regulatory filings and
applications pending in the U.S.
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
currently has approximately $78.1 billion in assets under
management globally.
WisdomTree® is the marketing name for WisdomTree
Investments, Inc. and its subsidiaries worldwide.
Contact Information:Media RelationsWisdomTree
Investments, Inc.Jessica
Zaloom+1.917.267.3735Jzaloom@wisdomtree.com /
wisdomtree@fullyvested.com
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