The companies, products and regulatory developments shaping the broker industry.
WisdomTree’s Q3 disclosure puts fast-growing on-chain assets at approximately $1.27bn versus a $171bn overall business, exposing the distance between a new distribution channel and the core franchise.
WisdomTree’s filings show that retiring $345m of 2029 convertible principal required $422.426m of cash and 4.19m shares. The accounting loss, cash premium and equity effect are separate measures.
BitGo Bank & Trust and WisdomTree plan to make the WTGXX fund accessible through BitGo Mint; the announced integration is prospective and is not a deposit-guaranteed savings account.
The intended trading-name and legal-name changes depend on approvals and Companies House registration, while the existing investment team is expected to remain.