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

ME News, April 1 (UTC+8). Asset management firm WisdomTree said that the Clarity Act currently being discussed by the U.S. Congress is not a necessary prerequisite for it to advance its crypto and tokenization business, and that industry innovation can continue under the existing regulatory framework. Company digital assets chief Will Peck said that the SEC’s existing tools are sufficient to support the development of tokenized securities and funds. “We do not believe that this bill is a threshold.” WisdomTree has continued to build out its presence in crypto and tokenization in recent years. It has launched spot Bitcoin ETFs in the U.S., and offers a range of crypto exchange-traded products in Europe. More recently, the company has focused on tokenizing real-world assets (RWA), especially money market funds, and has already achieved some degree of market fit. Peck revealed that the fund achieves near “real-time settlement” by obtaining regulatory exemptions, allowing investors to switch anytime between dollars, stablecoins (such as USDC), and the fund, showcasing a new mode after traditional financial products are put on-chain. The company plans to further expand into more tokenized products in the future, including ETFs and yield-generating assets, so investors can directly access traditional financial assets through digital wallets. Although Peck believes the Clarity Act has positive implications for the industry, he emphasized that industry development has not stalled. “Even with market volatility, we’re still moving full speed ahead (all systems go).” (Source: ODAILY)