WisdomTree CEO: Crypto Business Now Core to Our Operations and Nearing Profitability

BlockBeats News, February 4th, according to CoinDesk's report, Jonathan Steinberg, CEO of WisdomTree, a company with $150 billion in assets under management, stated that the company's crypto business has shifted from early experimentation 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 about $30 million to around $750 million, while also expanding to include more blockchain networks, including Solana.

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