WisdomTree: Clarity Act is not a barrier to crypto innovation; existing regulations are sufficient

ME News message, April 1 (UTC+8): Asset manager WisdomTree said that the “Clarity Act” currently under discussion in the U.S. Congress is not a necessary prerequisite for it to advance its crypto and tokenization business, and that industry innovation can continue to move forward under the existing regulatory framework.

The company’s head of digital assets, Will Peck, pointed out that the SEC’s existing toolkit is sufficient to support the development of tokenized securities and funds. “We don’t believe this bill is a threshold.”

WisdomTree has continued to build its presence in the crypto and tokenization space in recent years. It has launched spot Bitcoin ETFs in the U.S. and offers a range of crypto exchange-traded products in Europe.

Recently, the company has focused on tokenizing real-world assets (RWA), especially money market funds, and has achieved a certain degree of market fit.

Peck revealed that the fund achieves near “real-time settlement” by obtaining regulatory exemptions, allowing investors to convert anytime between dollars, stablecoins (such as USDC), and the fund—showing a new model after traditional financial products are put on-chain.

The company plans to further expand into more tokenized products in the future, including ETFs and income-generating assets, so that investors can access traditional financial assets directly through digital wallets.

Although Peck believes the “Clarity Act” is beneficial for the industry, he emphasized that industry development has not stalled. “Even amid market volatility, we are still pushing at full speed (all systems go).”

(Source: ODAILY)