WisdomTree CEO Says Crypto Is “Natural Evolution” of ETF Products

The wallet will enable trading of tokenized real-world assets such as gold or real estate, said Steinberg. And he sees this as a huge advantage to holders of illiquid assets: “We thought through tokenization and blockchain-enabled finance that you could add functionality … When you put tokenized, physically backed gold with peer-to-peer exchange and payments, gold now becomes currency, like it was hundreds of years ago.”