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

Jinse Finance reports that on April 1, asset manager 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 to move forward under the existing regulatory framework. Will Peck, head of digital assets at the company, said that the SEC’s existing tools are sufficient to support the development of tokenized securities and funds; “We don’t think this bill is a gate.”

WisdomTree has continued to build its presence in the crypto and tokenization space in recent years. It has launched spot Bitcoin ETFs in the United States and offers multiple types of crypto exchange-traded products in Europe. Recently, the company has focused on tokenizing real-world assets (RWA), especially money market funds, and has already achieved a certain level of market fit. Peck revealed that the fund achieves near “real-time settlement” through obtaining regulatory relief, allowing investors to convert at any time between dollars, stablecoins (such as USDC), and the fund, demonstrating a new mode after traditional financial products are brought on-chain. The company plans to further expand into more tokenized products in the future, including ETFs and income-generating assets, so that investors can access traditional financial assets directly through digital wallets.

Although Peck believes the Clarity Act has positive significance for the industry, he emphasized that industry development has not stalled: “Even amid market volatility, we’re still moving full speed ahead (all systems go).”