How Tokenized Money Market Funds Hit $10B | Will Peck

In this episode of Talking Tokenization, Jacquelyn Melinek speaks with Will Peck, head of digital assets at WisdomTree, about the firm's explosive growth in tokenized real-world assets from $30 million to $770 million and its recent SEC approval for 24/7 trading and instant settlement. Will explains how WisdomTree's tokenized money market fund serves three key use cases:, stablecoin reserve management, crypto-native treasury management, and DeFi collateral and why the company believes this fund could become their largest across the entire business.

He walks through the SEC exemptive order that unlocks nonstop trading, how tokenization brings instant settlement that traditional recordkeeping cannot replicate, and why WisdomTree focuses on liquid assets like treasuries rather than illiquid real estate. The conversation covers WisdomTree Prime's retail app and WisdomTree Connect's institutional platform, potential partnerships with DeFi protocols, why Europe presents unique regulatory complexity and strong opportunity, and the two critical unlocks needed for tokenization to scale.

This episode is sponsored by Securitize, the proven leader in tokenized funds, equities, and private markets. Discover more at securitize.io.

TIMESTAMPS 

(00:00) Intro
(01:31) How WisdomTree defines tokenization as recordkeeping technology
(04:16) Growth from $30M to $770M in tokenized assets within one year
(06:13) Three use cases: stablecoin reserves, treasury management, and DeFi collateral
(08:01) Talking to Aave and Morpho about integrating tokenized funds as collateral
(09:17) Why its tokenized money market fund could become WisdomTree's largest fund overall
(10:17) SEC approval for 24/7 trading and instant settlement: the big unlock
(13:11) Why 24/7 trading only works with tokenized funds, not traditional infrastructure
(16:02) DeFi and TradFi convergence: partnership not competition
(18:28) Customer journey: wallet-first users, not brokerage account holders
(27:42) Why liquid assets benefit more from tokenization than illiquid real estate

ESSENTIALS 

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