“Can a traditional ETF sponsor become the infrastructure layer for tokenized real-world assets, stablecoins, and on-chain finance?”
WisdomTree started as an ETF sponsor in 2006 and grew into a top global ETF/ETP issuer. Beginning around 2022 it pivoted into on-chain finance: launching WisdomTree Prime (a retail app for tokenized funds, stablecoins, and crypto), securing an NYDFS trust charter in 2024, issuing a Visa debit card via Stride Bank, and appointing BNY as its BaaS provider in 2025. It is now positioning WisdomTree Connect and its tokenized Treasury money market fund (WTGXX) as institutional infrastructure for on-chain finance.
WisdomTree discloses BNY and Stride Bank as its banking providers, with Stride Bank, N.A. and The Bank of New York Mellon Corporation as its sponsor banks, according to the Embedded Finance Index 2026.
WisdomTree does not disclose a bank charter of its own; its banking services are provided through Stride Bank, N.A. and The Bank of New York Mellon Corporation.
WisdomTree processes payments through Galileo.
WisdomTree's cards are issued through Galileo and Stride Bank on the Visa network.
WisdomTree's crypto products run on WisdomTree Digital Trust Company, LLC (in-house).
The Embedded Finance Index 2026 maps 7 layers in WisdomTree's stack: Payments / PSP (Galileo); Banking / BaaS (BNY and Stride Bank); Card issuing (Galileo and Stride Bank); Card network (Visa); Sponsor bank (Stride Bank, N.A. and The Bank of New York Mellon Corporation); Crypto (WisdomTree Digital Trust Company, LLC (in-house)); Treasury (WisdomTree Treasury Money Market Digital Fund (WTGXX) (in-house)).
WisdomTree is founded in 1985 and headquartered in New York, New York, U.S..
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