Will Peck: How WisdomTree Went From $30M To Over $1 Billion Onchain (Full Breakdown)

WisdomTree's Head of Digital Asset's Will Peck joins us for Episode #1 of Convergence, our new institutional product for sophisticated investors in partnership with Jacquelyn Melinek and StrataMedia.

WisdomTree's onchain assets went from $30 million to over $1 billion, and Will Peck says money market funds did the heavy lifting. On episode one of Convergence, Will explains why tokenized funds complement stablecoins rather than compete with them, and how WisdomTree got SEC exemptive relief to let a tokenized money market fund trade 24/7 through a broker dealer. He also pushes back on the private-markets tokenization thesis, arguing illiquidity isn't a record-keeping problem.

Will Peck is the Head of Digital Assets at WisdomTree, a global asset manager and ETF sponsor with roughly $170 billion in assets under management.

Convergence is powered by The Rollup and StrataMedia, covering the convergence of legacy finance and onchain finance.

Timestamps:

00:00 Intro

02:52 What Convergence Actually Means

04:30 Why WisdomTree Started In 2018

05:38 Exporting US Capital Markets

08:56 Institutional Versus Retail Distribution

10:32 The Innovation Exemption Explained

13:14 DTCC's Forty Firm Pilot

16:00 Three Models Of Tokenization

19:35 Why WisdomTree Chose Issuer-Led

21:10 Thirty Million To One Billion

22:45 What Drives The Next Era

25:05 Why Private Markets Aren't It

28:05 Who Wins The Tokenization Wave

30:14 The Perfect Storm For Adoption

33:08 WisdomTree's North Star

Guest Socials:

Will Peck X: https://x.com/wbpeck

WisdomTree X: https://x.com/wisdomtreeprime

WisdomTree Website: https://www.wisdomtreeprime.com/

Partners:

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Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.

Learn more here: https://www.zama.org/

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