Global asset manager WisdomTree has introduced a new digital asset fund that implements a traditional options strategy onchain, highlighting the increasing integration between conventional asset management and blockchain-based 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 utilizes a systematic “put-writing” strategy, wherein the index sells cash-secured put options to generate revenue. Instead of directly writing options on the S&P 500, the strategy employs contracts related to the SPDR S&P 500 ETF Trust (SPY), effectively earning premiums by acting as the option seller.
For investors wary of volatility or downside risk, put-writing can offer a reliable stream of premium income and a slight safeguard in flat or mildly declining markets.
EPXC is accessible to both institutional and retail investors. Because the fund is tokenized, it can also be utilized by crypto-native users, benefiting from blockchain infrastructure that enables quicker settlement and greater transferability compared to traditional fund models.
Will Peck, WisdomTree’s head of digital assets, stated the launch aims to provide investors with more options for executing their investment strategies onchain, representing another step in the firm’s larger initiative into tokenized assets.
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WisdomTree emerged early in tokenization as the wealth industry plays catch-up
WisdomTree was one of the first asset managers to venture into tokenization and currently manages 15 tokenized funds across multiple blockchains, including Ethereum, Avalanche, and Base.
Its Government Money Market Digital Fund — a tokenized version of a conventional government money market fund investing in short-term US government securities — is the company’s most actively managed tokenized product, boasting over $730 million in assets, according to industry data.
As reported by Cointelegraph, the asset manager also launched a tokenized private credit fund in September. This new offering provides investors with blockchain-based access to privately generated credit and has seen rapid inflows since its introduction.
The wider financial and wealth management sectors have been slower to innovate, with institutions like Goldman Sachs and BNY Mellon recently introducing tokenized money market products.
Some industry participants view this trend as a potential counter to the swift rise of stablecoins, which now function as effective cash instruments across significant portions of the digital asset landscape.
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