WisdomTree CEO: Crypto Business Now Core to Operations, Nearing Profit

BlockBeats News, February 4th, according to CoinDesk, Jonathan Steinberg, CEO of WisdomTree, a company with $150 billion in AUM, stated that the company's crypto business has shifted from an early experimental phase to a core strategic focus and is close to achieving profitability.

This asset management company is rapidly expanding its digital asset footprint, with tokenized assets growing from around $30 million to approximately $750 million and expanding to more blockchain networks including Solana.

Steinberg sees crypto as core to modern financial infrastructure, emphasizing tokenized funds, the WisdomTree Connect platform, and strategically positioning compliant tokenization technology as key initiatives to drive the company's long-term growth.