Global asset manager WisdomTree has introduced a new digital asset fund, integrating a traditional options strategy onchain, highlighting the increasing intersection between conventional asset management and blockchain-driven financial systems.
The WisdomTree Equity Premium Income Digital Fund, trading under the token ticker EPXC and the fund ticker WTPIX, aims to mirror the price and yield performance of the Volos US Large Cap Target 2.5% PutWrite Index.
This benchmark employs a systematic “put-writing” strategy, whereby the index sells cash-secured put options to generate income. Instead of writing options directly on the S&P 500, the strategy utilizes contracts tied to the SPDR S&P 500 ETF Trust (SPY), effectively generating premiums by acting as the option seller.
For those concerned about volatility or downside risk, put-writing can offer a consistent stream of premium income and a slight buffer in stable or moderately declining markets.
EPXC is accessible to both institutional and retail investors. Being tokenized allows crypto-native users to access the fund, benefiting from blockchain infrastructure that provides quicker settlements and greater transferability than traditional fund structures.
Will Peck, WisdomTree’s head of digital assets, stated that the launch aims to provide investors with more options for executing their investment strategies onchain, representing another step in the firm’s larger initiative towards tokenized assets.
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WisdomTree was an early innovator in tokenization as the wealth industry evolves
WisdomTree was one of the first asset managers to venture into tokenization and currently operates 15 tokenized funds across various blockchains, including Ethereum, Avalanche, and Base.
Its Government Money Market Digital Fund — a tokenized form of a conventional government money market fund that invests in short-term US government securities — remains the company’s most actively utilized tokenized product, boasting over $730 million in assets, according to industry reports.
As previously reported by Cointelegraph, the asset manager also launched a tokenized private credit fund in September. This new vehicle provides investors blockchain-based access to privately originated credit and has seen rapid inflows since its launch.
The wider financial and wealth management sectors have been slower to embrace this change, with institutions like Goldman Sachs and BNY Mellon only recently launching tokenized money market products.
Some industry experts view this trend as a potential reaction to the swift rise of stablecoins, which now function as de facto cash instruments across many areas of the digital asset ecosystem.
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