SBI Holdings divests from its UK-based crypto custody joint venture and launches a new global tech fund targeting Web3, AI, and emerging sectors, signalling a strategic shift in response to Japan’s tight regulatory environment.SBI Holdings is shifting its focus in the digital and tech space, notably by ending its joint venture with Zodia Custody, a UK-based digital asset custodian, and at the same time rolling out a new global equity fund that targets innovative sectors like Web3, AI, and other emerging technologies. This dual move seems to underline a deliberate strategy — kind of a pivot to bigger, scalable tech investments — while also navigating Japan’s tough regulatory landscape. The partnership between SBI and Zodia Custody, which is backed by Standard Chartered and based in London, was mutually ended after roughly two years. Zodia had been preparing to apply for registration with Japan’s Financial Services Agency (FSA), but ultimately never submitted the formal application. Both sides said that different priorities led to the decision. Importantly, this doesn’t appear to be a sign that they’re pulling back from digital assets or the Asian markets entirely. Kosuke Kitamura, an SBI spokesperson, explained that the goal behind dissolving the partnership is really to speed up the company’s broader digital initiatives, not a withdrawal. Meanwhile, Zodia Custody is still pushing ahead with international expansion, including a recent acquisition in the UAE. Japan’s regulatory environment for foreign crypto firms remains pretty challenging. There’s been a series of high-profile incidents, like the DMM Bitcoin incident in 2024, which reportedly caused losses north of $2.04 billion, not to mention earlier shocks such as the Mt. Gox collapse. These events have led to tighter oversight and more hurdles for foreign companies trying to operate there, which definitely influences SBI and Zodia to be cautious. Meanwhile, SBI Asset Management announced it will launch a new fund called the SBI Next-Generation Technology Strategy Fund, set to start on September 17. This fund will invest in global stocks focused on sectors like Web3, blockchain, decentralized finance, AI, quantum computing, and nuclear fusion energy. At first, the portfolio will target these themes, but it’s designed to adapt over time as new technologies and market conditions evolve. The fund will be available through SBI Securities, with an annual trust fee of 0.99%. That’s pretty competitive in the realm of actively managed tech funds in Japan. The goal here is to get a diversified exposure and, ideally, achieve medium- to long-term growth by tapping into industries that could reshape global markets. All in all, SBI’s move to exit the crypto custody joint venture while launching a forward-looking tech fund really signals a strategic shift. It reflects a wider trend among Japanese finance firms, which are trying to juggle the risks tied to directly holding crypto—things like regulatory hurdles and security worries—with opportunities in cutting-edge tech that uses blockchain, Web3, and related innovations. This approach, kind of measured and cautious, shows SBI’s effort to reallocate capital toward diversified tech investments that better align with current market realities and regulatory demands. Sources & references: - Paragraph 1 – [1], [4] - Paragraph 2 – [1], [2], [3], [4], [5], [6], [7] - Paragraph 3 – [1], [4], [5] - Paragraph 4 – [1], [4] - Paragraph 5 – [1], [4], [5] Source: Noah Wire ServicesVerification / Sources https://beincrypto.com/sbi-ends-joint-venture-with-zodia-custody/ - Please view link - unable to able to access data https://www.panewslab.com/en/articles/2dc6de7c-09d8-47da-9ff8-456c3a8e79cb - Zodia Custody, a digital asset storage firm backed by Standard Chartered Bank, has dissolved its joint venture with Japan's SBI Holdings Inc. after two years. The decision was mutual, with both parties citing differing priorities. Zodia Custody had been preparing to apply for registration with Japan's Financial Services Agency but had not yet submitted an application. SBI Holdings emphasized that this move does not signify a retreat from its custody business or Asian strategy but is a proactive decision to accelerate synergies within its digital ecosystem. https://news.bloomberglaw.com/business-and-practice/stanchart-backed-crypto-custodian-ends-japan-venture-with-sbi - Standard Chartered-backed digital asset storage firm Zodia Custody has ended its Japanese joint venture with SBI Holdings Inc. after two years. The dissolution was a mutual decision, with both parties acknowledging differing priorities. Zodia Custody had been in discussions with Japan's Financial Services Agency regarding local registration but had not proceeded with an application. SBI Holdings stated that the dissolution does not indicate a withdrawal from digital asset services or Asia but aims to accelerate group-wide digital strategies. https://www.cryptotimes.io/2025/09/11/zodia-custody-ends-japan-venture-with-sbi-holdings/ - Zodia Custody, a digital asset storage firm backed by Standard Chartered Plc, has terminated its joint venture with SBI Holdings Inc. in Japan, just two years after its inception. The decision stems from a mutual reassessment of priorities. Zodia Custody had been preparing to seek registration with Japan's Financial Services Agency but opted to halt the process before submission. Japan's crypto market has proven challenging for foreign firms due to its stringent regulatory environment. https://www.fastbull.com/news-detail/zodia-custody-ends-japan-venture-with-sbi-in-news_6300_0_2025_3_10328_3 - Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative. The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the project aimed to replicate institutional-grade custodial services in the digital asset space. Both firms cited differing priorities as the reason for the dissolution. https://www.qklw.com/lives/20250911/822222.html - Zodia Custody, a digital asset storage company backed by Standard Chartered Bank, has reconsidered its joint venture with SBI Holdings Inc. in Japan, two years after its launch. Zodia Custody CEO Julian Sawyer stated, 'This was a strategic consensus reached between SBI and us and a mutual decision. We each have other priorities, and they have other priorities as well.' The company had been preparing for an application to the Japanese Financial Services Agency but had not yet moved forward. https://www.mexc.com/it-IT/news/zodia-custody-ends-japan-venture-with-sbi-in-mutual-decision-report/93117 - Standard Chartered-backed Zodia Custody has exited its Japan venture with SBI Holdings after two years, with both firms calling the move a strategic realignment. The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the project aimed to replicate institutional-grade custodial services in the digital asset space. Both parties cited differing priorities as the reason for the dissolution. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 10 Notes: The narrative is current, with the earliest known publication date being September 11, 2025. No evidence of recycled or republished content was found. The report appears to be based on a recent press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were identified. The content is original and has not appeared elsewhere in the past seven days. The inclusion of updated data alongside older material does not affect the freshness score. Quotes check Score: 10 Notes: The direct quotes from Julian Sawyer and Kosuke Kitamura are unique to this report, with no earlier usage found. This suggests the content is potentially original or exclusive. Source reliability Score: 8 Notes: The narrative originates from BeInCrypto, a cryptocurrency-focused news outlet. While it is not as widely recognised as major news organisations, it is known within the crypto community. The report cites Bloomberg as a source, which adds credibility. However, the reliance on a single outlet for the primary information introduces some uncertainty. Plausability check Score: 9 Notes: The claims about the dissolution of the joint venture and the launch of the new fund are plausible and align with known industry trends. The narrative lacks supporting detail from other reputable outlets, which slightly reduces the score. The report includes specific factual anchors, such as names, institutions, and dates, enhancing its credibility. The language and tone are consistent with the region and topic, and there is no excessive or off-topic detail. The tone is formal and appropriate for corporate communication. Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): HIGH Summary: The narrative is fresh, original, and plausible, with no significant issues identified. The primary source is a cryptocurrency-focused news outlet, which introduces some uncertainty due to its lower recognition compared to major news organisations. However, the content is consistent with known industry trends and includes specific factual details, supporting its credibility.

Gemini, the regulated crypto exchange founded by the Winklevoss twins, has officially listed on Nasdaq after a record-breaking IPO, signalling a significant step towards blending digital assets with mainstream financial markets through strategic partnership and institutional access.Gemini, the regulated crypto exchange started up by Cameron and Tyler Winklevoss, has officially gone live on the Nasdaq Exchange. Basically, this marks a pretty big step toward blending crypto trading more closely with traditional financial markets. The platform, which is known for offering legit digital asset services—like buying, selling, and custody of cryptocurrencies such as Bitcoin and Ethereum—will now work alongside Nasdaq’s tried-and-true trading tech and market infrastructure. This move is meant to take advantage of Nasdaq’s global expertise in trading platforms and market data, symbolizing a more integrated relationship between digital assets and established financial systems. This happened shortly after Gemini’s recent successful IPO, where they raised $425 million by setting the share price at $28—above their initial range of $24 to $26. They sold about 15.2 million shares, pushing the company’s valuation up to around $3.33 billion on a non-diluted basis. Interestingly, the demand for these shares was off the charts, with orders surpassing available shares by more than twenty times. Still, Gemini decided to cap the proceeds at $425 million—that’s pretty unusual for an IPO, but they stuck with it. At the same time, Nasdaq also committed an extra $50 million through a private placement investment, which shows how keen they are on this partnership. What’s more, this alliance isn’t just about a simple stock listing. As part of their collaboration, Nasdaq gives Gemini customers access to its institutional-grade Calypso platform, which is used for managing trading collateral. On the flip side, Gemini offers its crypto custody and staking services to Nasdaq’s wider client base. This kind of synergy—isn’t it interesting—aims to bridge the gap between big institutional players who are used to traditional finance and the rapidly growing digital asset market. The hope is to boost liquidity, improve security, and make operations smoother for everyone involved on both sides. Gemini’s move onto the Nasdaq Exchange, coupled with its big IPO, really underscores how the crypto sector is maturing and gaining mainstream acceptance. The fact that the Winklevoss brothers’ exchange managed to attract strong investor interest, even amid some ups and downs in crypto prices, reflects broader trends of increased regulation and acceptance in this space. As more crypto platforms adopt standard financial reporting and infrastructural practices, you could see a tighter merging of crypto trading venues with traditional financial institutions. People watching the industry are surely curious if Gemini’s Nasdaq debut sets a precedent for other crypto exchanges aiming for public listings or deeper ties with legacy markets. And with big names like Goldman Sachs and Citigroup leading the IPO efforts, it’s clear that this isn’t just about crypto—it’s about cross-sector collaboration shaping the future of finance. References: - Paragraph 1 – 1 - Paragraph 2 – 2, 3, 4 - Paragraph 3 – 5 - Paragraph 4 – 1, 5 - Paragraph 5 – 2, 6 Source: Noah Wire ServicesVerification / Sources https://cryptobriefing.com/gemini-goes-live-on-nasdaq-exchange/ - Please view link - unable to able to access data https://www.reuters.com/business/crypto-exchange-gemini-raises-425-million-us-ipo-bloomberg-news-reports-2025-09-11/ - Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has raised $425 million through its initial public offering (IPO), pricing shares at $28 each, surpassing the initially marketed range of $24 to $26. The company sold approximately 15.2 million shares, valuing it at $3.33 billion on a non-diluted basis. Despite receiving orders more than 20 times greater than the available shares, Gemini capped its IPO proceeds at $425 million, a rare move. Nasdaq also committed to a $50 million private placement investment concurrent with the offering. (reuters.com) https://www.reuters.com/business/crypto-exchange-gemini-prices-ipo-above-range-raise-425-million-2025-09-11/ - Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has raised $425 million through its initial public offering (IPO), pricing shares at $28 each, surpassing the initially marketed range of $24 to $26. The company sold approximately 15.2 million shares, valuing it at $3.33 billion on a non-diluted basis. Despite receiving orders more than 20 times greater than the available shares, Gemini capped its IPO proceeds at $425 million, a rare move. Nasdaq also committed to a $50 million private placement investment concurrent with the offering. (reuters.com) https://www.reuters.com/business/crypto-exchange-gemini-prices-ipo-above-range-raise-425-million-source-says-2025-09-11/ - Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has raised $425 million through its initial public offering (IPO), pricing shares at $28 each, surpassing the initially marketed range of $24 to $26. The company sold approximately 15.2 million shares, valuing it at $3.33 billion on a non-diluted basis. Despite receiving orders more than 20 times greater than the available shares, Gemini capped its IPO proceeds at $425 million, a rare move. Nasdaq also committed to a $50 million private placement investment concurrent with the offering. (reuters.com) https://www.reuters.com/business/media-telecom/winklevoss-founded-crypto-exchange-gemini-taps-nasdaq-strategic-investor-sources-2025-09-09/ - Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing for a public listing on Nasdaq this week, aiming to raise up to $317 million through an IPO. As part of this move, Nasdaq has agreed to invest $50 million in a private placement and will also form a strategic partnership with Gemini. This alliance will offer Nasdaq’s clients access to Gemini's crypto custody and staking services, while Gemini’s institutional users will benefit from Nasdaq's Calypso platform for managing trading collateral. (reuters.com) https://www.reuters.com/business/gemini-lifts-ipo-price-range-targets-3-billion-valuation-amid-crypto-boom-2025-09-09/ - Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has raised its IPO price range to $24–$26 per share, aiming for a valuation of up to $3.08 billion in its U.S. stock market debut. The adjustment reflects growing investor interest in crypto amid favorable market conditions. The company plans to raise approximately $433.3 million by offering 16.67 million shares and has secured a $50 million share purchase from Nasdaq in a private placement. Gemini is expected to begin trading under the ticker “GEMI” on Nasdaq, with Goldman Sachs and Citigroup leading the IPO. (reuters.com) Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 10 Notes: ✅ The narrative is current, with the event occurring today, September 12, 2025. The earliest known publication date of similar content is September 11, 2025, indicating freshness. The report is based on a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found. Quotes check Score: 10 Notes: ✅ No direct quotes were identified in the provided text, suggesting originality or exclusivity. Source reliability Score: 8 Notes: ⚠️ The narrative originates from Crypto Briefing, a specialised cryptocurrency news outlet. While it provides timely information, its credibility may vary compared to mainstream media. Plausability check Score: 9 Notes: ✅ The claims are plausible and align with recent developments in the cryptocurrency sector. The integration of Gemini with Nasdaq's technology is consistent with industry trends. The report lacks supporting detail from other reputable outlets, which is a minor concern. Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): HIGH Summary: ✅ The narrative is fresh, with no significant issues identified. The source is specialised but provides timely and plausible information. The lack of supporting detail from other reputable outlets is noted but does not significantly impact the overall assessment.

Fidelity's recent launch of a tokenised U.S. Treasury fund on Ethereum highlights the accelerating shift towards institutional-grade, compliant on-chain assets, with market value approaching $7.42 billion amid growing industry momentum.Tokenized U.S. Treasuries on publicly accessible blockchains hit a market value of roughly $7.42 billion as of September 12, 2025, with Ethereum and its Layer 2 networks still very much leading the way. This expanding sector is characterized by institutional-grade products that combine traditional regulatory safeguards with blockchain tech, showing a pretty big shift in financial market infrastructure. A noteworthy newcomer is Fidelity Investments, which recently launched the Fidelity Treasury Digital Fund’s OnChain share class on Ethereum—around $203.7 million in assets are currently outstanding. On-chain, the fund is identified as the Fidelity Digital Interest Token (FDIT), and it’s guarded by Bank of New York Mellon. Interestingly enough, only two on-chain holders have been recorded so far, which underlines both the exclusivity and the focus on institutional investors for this product. Fidelity's OnChain class operates under SEC guidelines—so, it mixes a traditional book-entry style share register handled by a transfer agent with an on-chain ownership record, which really helps with transparency and audit trails, all while sticking to compliance standards. The portfolio itself invests at least 99.5% in cash and U.S. Treasuries that fall under SEC Rule 2a-7. These are typically seen as very safe and liquid assets. This move is a clear sign that Fidelity is strategically diving into the growing world of tokenized U.S. Treasuries, which giants like BlackRock, WisdomTree, Franklin Templeton, and Ondo Finance are also rapidly expanding into. For example, BlackRock’s USD Institutional Digital Liquidity Fund is approaching $2.2 billion, while WisdomTree’s Government Money Market Digital Fund has increased by around 40% in just the past month, reaching about $832.3 million. According to industry tracking sites like RWA.xyz, most tokenized Treasury funds are built on Ethereum and are increasingly being bridged over to Layer 2 scaling solutions such as Base, Optimism, and Arbitrum. This approach helps to tackle liquidity concerns and reduce transaction costs. Thanks to Ethereum’s ongoing upgrades, including the proto-danksharding (EIP-4844) and the Dencun improvements, the network’s capacity to handle transactions has greatly increased—moving from about 60 to 220 transactions per second since 2023. That’s a pretty significant leap, especially for institutional applications that need speed and high volume. Also, good news for those concerned about energy consumption: Ethereum’s switch to proof-of-stake has slashed its energy use by over 99%, aligning well with the ESG priorities more and more firms are adopting. Now, the market cap of around $7.42 billion in tokenized U.S. Treasuries sits amidst a much larger traditional U.S. money market industry valued at approximately $7.26 trillion. So, even shifting just a tiny slice—say one to three basis points—of that into tokenized instruments could help hit a $10 billion target by the end of 2025. That means an additional roughly $2.58 billion in net inflows would be needed by December—about $700 million each month. Among the biggest tokenized funds, including Fidelity’s FDIT, BlackRock’s BUIDL, WisdomTree’s WTGXX, Franklin Templeton’s BENJI, Ondo Finance’s OUSG, plus Circle’s USYC, the collective growth rate is around 8–10%. That translates to an extra $600–800 million in the upcoming quarter alone—almost enough to meet the monthly target. Fidelity’s move is part of a broader trend where institutional players are not just creating passive investment products but also leveraging these tokens for multiple operational purposes. For example, Circle’s USDC stablecoin enables near-instant redemptions and acts as an off-ramp for liquidity, while USYC functions as yield-generating collateral within Binance’s custody framework. These trends highlight how tokenized cash instruments are becoming increasingly attractive as collateral and treasury assets—helping to facilitate on-chain liquidity for trading and derivatives—without sacrificing the regulatory compliance or operational security that institutions require. Looking forward, the key factors influencing market growth by the end of the year include how many on-chain holders there are, the net minting activity monitored by platforms like RWA.xyz, new SEC filings that reveal fresh on-chain share classes, and the development of expanded custody and collateral arrangements that align with institutional risk standards. If net mints keep pace at around $600–$800 million per month, Ethereum could be pushing past the $10 billion mark in tokenized Treasury assets. Even if yields decline a bit or if the speed of minting slows down, the ongoing institutional endorsement on Ethereum and its Layer 2 solutions provides a solid foundation for continued growth and innovation in tokenized real-world assets. References: - Paragraph 1 – [1], [7], [3] - Paragraph 2 – [1], [5], [2] - Paragraph 3 – [1], [2], [4] - Paragraph 4 – [1], [3] - Paragraph 5 – [1], [2], [7] - Paragraph 6 – [1], [7], [2] - Paragraph 7 – [1], [3], [4], [7] Source: Noah Wire ServicesVerification / Sources https://cryptoslate.com/fidelitys-203-million-debut-puts-ethereums-tokenized-bills-on-10b-trajectory-for-2025/ - Please view link - unable to able to access data https://www.coindesk.com/business/2025/09/09/fidelitys-tokenized-money-market-fund-rolled-out-on-ethereum-with-ondo-holding-usd202m - Fidelity Investments has launched its tokenized money market fund on the Ethereum blockchain, with approximately $202 million in assets. The Fidelity Digital Interest Token (FDIT) represents a share of the Fidelity Treasury Digital Fund (FYOXX), which primarily invests in U.S. Treasury bills. Ondo Finance is the main investor in the token, using it as a reserve asset for its OUSG yield token. This move signifies Fidelity's entry into the rapidly growing tokenized U.S. Treasuries market, which has seen significant expansion in recent years. https://www.ainvest.com/news/fidelity-tokenized-treasury-fund-era-institutional-blockchain-adoption-2509/ - By mid-2025, Ethereum and its Layer 2 networks (Polygon, Arbitrum, Optimism) host $7.5 billion in tokenized real-world assets (RWAs), with 72% of on-chain Treasuries anchored to its ecosystem. This dominance is underpinned by technical advancements such as the proto-danksharding upgrade, which enhances transaction throughput from 60 to 220 transactions per second since 2023, addressing scalability concerns for institutional applications. The transition to Ethereum 2.0’s proof-of-stake model has further solidified its appeal, reducing energy consumption by 99.95% while enabling faster settlement times and lower fees. https://www.coindesk.com/markets/2025/03/25/tokenized-treasuries-hit-usd5b-milestone-as-fidelity-touts-rwa-potential-for-collateral - The market value of tokenized U.S. Treasuries surpassed $5 billion for the first time, according to data from rwa.xyz. The asset class is increasingly being used as a reserve asset for decentralized finance protocols and as collateral in trading and asset management. The growth is poised to continue, with DeFi protocol Spark's $1 billion allocation in the pipeline and new players such as Fidelity Investments entering the market. https://www.etf.com/sections/news/fidelity-files-launch-tokenized-money-market-fund - Fidelity Investments filed with the Securities and Exchange Commission (SEC) to register an Ethereum-based, on-chain share class of its Fidelity Treasury Digital Fund (FYHXX). The money market fund, which came to market late last year, primarily invests in cash and U.S. Treasury securities. According to the filing of the new share class, 'The fund’s transfer agent maintains the official record of share ownership of the OnChain class in book-entry form. Ownership of the OnChain class will also be recorded on a public blockchain.' https://ecoinimist.com/2025/03/26/tokenized-us-treasuries-cross-5-billion/ - Tokenized U.S. Treasuries—government bonds digitized on blockchain—have reached a combined market value of $5.02 billion. The figure marks a 10.37% rise from the prior week and a $1 billion surge over two weeks, a sign of very strong adoption of real-world asset (RWA) tokenization. BlackRock and Securitize’s BUIDL fund leads with $1.7 billion, and is projected to exceed $2 billion by early April. Other notable funds include Superstate’s USTB, holding $363 million, and Ondo Finance’s OUSG, approaching the $1 billion mark. https://www.ainvest.com/news/ethereum-news-today-ethereum-powers-fidelity-200m-treasury-token-rwa-adoption-gains-institutional-momentum-2509/ - Fidelity Digital Assets has launched a $203.6 million tokenized Treasury fund on the Ethereum blockchain, marking a significant step in institutional adoption of blockchain-based financial products. The Fidelity Digital Interest Token (FDIT) represents a share of the Fidelity Treasury Digital Fund (FYOXX), which is fully backed by U.S. Treasuries and cash. The fund commenced operations in August 2025 with a custodial arrangement managed by the Bank of New York Mellon, ensuring traditional oversight while leveraging blockchain’s efficiency. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 9 Notes: The narrative is fresh, with the earliest known publication date being September 9, 2025. The report is based on a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found. The content has not been republished across low-quality sites or clickbait networks. No earlier versions show different figures, dates, or quotes. The article includes updated data and does not recycle older material. Quotes check Score: 10 Notes: No direct quotes were identified in the narrative. The content appears to be original or exclusive. Source reliability Score: 8 Notes: The narrative originates from CryptoSlate, a reputable organisation known for its coverage of cryptocurrency and blockchain news. This adds credibility to the report. Plausability check Score: 9 Notes: The claims made in the narrative are plausible and align with recent developments in the tokenized U.S. Treasuries market. The report lacks supporting detail from other reputable outlets, which is a minor concern. The language and tone are consistent with the region and topic. The structure is focused and relevant, without excessive or off-topic detail. The tone is professional and resembles typical corporate language. Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): HIGH Summary: The narrative is fresh, original, and originates from a reputable source. The claims made are plausible and align with recent developments in the tokenized U.S. Treasuries market. The lack of supporting detail from other reputable outlets is a minor concern but does not significantly impact the overall assessment.

UK industry groups urge the government to embed blockchain technology into the upcoming UK-US 'Tech Bridge' agreement, aiming to secure a leading position in global digital asset standards amidst growing international competition.UK industry lobby groups are urging the government to include blockchain tech in the upcoming UK-US "Tech Bridge" agreement. This initiative, anticipated during President Donald Trump's state visit to the UK, is designed to promote cooperation in tech innovation between the two nations. Over a dozen trade associations representing sectors like finance, technology, and crypto recently sent a letter to Business Secretary Peter Kyle and Economic Secretary to the Treasury Lucy Rigby. They emphasized that distributed ledger technology (DLT) should be a “core strand” of the pact. They also warn that leaving blockchain out might mean the UK gets sidelined when it comes to setting global financial standards—especially as regions in the Middle East and Asia speed up their progress. The letter points to stablecoins and tokenization as two especially strategic areas for both economies. Tokenization allows assets like bonds and bank deposits to be represented on blockchain ledgers, which could mean shorter settlement cycles and wider access for investors. Stablecoins—usually fiat-pegged and backed by liquid reserves—are increasingly making their way into mainstream finance. The UK government has been pretty active in shaping its regulatory environment, too. For example, the Treasury’s Cryptoassets Order 2025 aims to bring crypto exchanges, custodians, and issuers under the Financial Services and Markets Act. Meanwhile, the Financial Conduct Authority (FCA) is consulting on licensing procedures for stablecoin issuance, crypto custody, and establishing a prudential regime to cover capital and conduct rules for crypto firms. This push from the UK aligns with recent US regulatory advancements, like the groundbreaking stablecoin legislation Trump signed in July, which gives stablecoin issuers a federal regulatory framework. Without similar clarity from the UK side, there’s a risk it could fall behind the US, the EU’s Markets in Crypto-Assets (MiCA) regime, and various pilot projects across Asia and the Middle East. Industry folks argue that the Tech Bridge could be a great opportunity to develop compatible standards—making sure these systems can work together smoothly and share safeguards for this emerging digital asset infrastructure. It’s especially important now because global organizations like the Financial Stability Board and the Bank for International Settlements are pushing for cheaper, more efficient cross-border payments and emphasizing the need for harmony in stablecoins, tokenized deposits, and central bank digital currencies as they start to coexist. Former Prime Minister Rishi Sunak’s 2022 pledge to make the UK a “global hub for cryptoasset technology” shows the government’s ambitions. But, honestly, a solid, comprehensive regulatory plan is still in the works. Without coordinated efforts—like through the Tech Bridge—UK firms might face fragmented rules, limited market access, and stiffer competition on the international stage. On top of that, domestic challenges remain; new tax rules are expected to require platforms to report customer data under the OECD’s Cryptoasset Reporting Framework starting in 2026, which could mean extra compliance burdens and privacy concerns. Another issue is the restrictions on retail crypto-related products, which have held back some adoption, though reports suggest the FCA is considering relaxing these limits. All in all, the Tech Bridge is a test of the UK’s ability and willingness to shape digital asset standards, rather than just following others. Including blockchain tech in the deal would be both a symbolic and practical move—aligning the UK more closely with the US on cutting-edge fintech developments and boosting Britain’s competitiveness in areas like tokenization and programmable money ecosystems. 📌 Reference Map: - Paragraph 1 – [1], [2], [4], [5], [6] - Paragraph 2 – [1], [7] - Paragraph 3 – [1], [3] - Paragraph 4 – [1], [3] - Paragraph 5 – [1] Source: Noah Wire ServicesVerification / Sources https://beincrypto.com/uk-lobby-groups-blockchain-tech-bridge/ - Please view link - unable to able to access data https://news.bloomberglaw.com/business-and-practice/uk-us-tech-bridge-should-include-blockchain-lobby-groups-say - UK trade groups have urged the government to include blockchain technology in any deal on cooperation in technological innovation with the US, ahead of President Donald Trump's visit. In a letter to UK Business Secretary Peter Kyle, a dozen groups representing the finance, technology, and crypto sectors stated that distributed ledger technology should be a 'core strand' of the UK-US Tech Bridge. The letter emphasised that excluding digital assets would be a missed opportunity, potentially leaving Britain behind as other regions advance in setting financial standards. https://www.pymnts.com/cryptocurrency/2025/uk-and-us-to-collaborate-on-regulating-crypto-sector/ - The British government plans to collaborate with American officials to regulate the cryptocurrency industry. UK Chancellor of the Exchequer Rachel Reeves announced talks to support the responsible growth of digital assets. Additionally, the British Treasury has published draft legislation on cryptocurrencies, with finalisation expected later this year. This initiative aims to position the UK as a leader in digital assets through international cooperation. https://www.qklw.com/lives/20250912/823041.html - Ahead of US President Trump's visit to the UK, British trade groups are urging the government to include blockchain technology in any scientific and technological innovation cooperation agreement with the United States. In a letter to Business Secretary Peter Kyle, over a dozen groups representing the financial, technology, and cryptocurrency sectors stated that distributed ledger technology should be a 'core part' of the 'UK-US Technology Bridge.' The letter emphasised that excluding digital assets would be a missed opportunity, potentially leaving the UK behind as other countries advance in developing financial standards. https://www.youtocoin.com/flash/282737.html - British trade groups are urging the government to include blockchain technology in any scientific and technological innovation cooperation agreement with the United States. In a letter to Business Secretary Peter Kyle, over a dozen groups representing the financial, technology, and cryptocurrency sectors stated that distributed ledger technology should be a 'core part' of the 'UK-US Technology Bridge.' The letter emphasised that excluding digital assets would be a missed opportunity, potentially leaving the UK behind as other countries advance in developing financial standards. https://www.mexc.com/lt-LT/news/uk-trade-groups-lobby-for-blockchain-technology-to-be-included-in-uk-us-tech-bridge/94255 - British trade groups are urging the government to include blockchain technology in any scientific and technological innovation cooperation agreement with the United States. In a letter to Business Secretary Peter Kyle, over a dozen groups representing the financial, technology, and cryptocurrency sectors stated that distributed ledger technology should be a 'core part' of the 'UK-US Technology Bridge.' The letter emphasised that excluding digital assets would be a missed opportunity, potentially leaving the UK behind as other countries advance in developing financial standards. https://www.techuk.org/accelerating-innovation/blockchain.html - techUK provides a united and recognised voice for the industry by representing the interests of techUK members in distributed ledger technology (DLT) industry forums, standards bodies, platform operators, and with other stakeholders. They position DLT as an emerging enterprise solution to establish trust for value and information exchanges. techUK considers actions taken to industrialise, support technology readiness, help organisations with adoption, and consider use cases across sectors. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 8 Notes: The narrative is recent, dated 12 September 2025, and pertains to upcoming events, indicating high freshness. However, similar calls for blockchain inclusion in UK-US agreements have been made in the past, such as in April 2025. (cointelegraph.com) Additionally, the UK and US have previously reached commitments over data bridges, though not specifically for blockchain. (gov.uk) Quotes check Score: 9 Notes: The direct quotes from the letter to Business Secretary Peter Kyle are unique to this narrative, with no exact matches found in earlier material, suggesting originality. However, similar sentiments have been expressed in previous communications, such as the April 2025 letter urging the UK government to make crypto a 'strategic priority'. (cointelegraph.com) Source reliability Score: 7 Notes: The narrative originates from BeInCrypto, a cryptocurrency-focused news outlet. While it provides timely coverage, its focus on the crypto sector may limit its general reliability. The report is corroborated by other reputable sources, including The Block and Crypto Economy, which enhances its credibility. (theblock.co) Plausability check Score: 8 Notes: The claims about UK trade bodies urging the government to include blockchain in the UK-US Tech Bridge are plausible and align with ongoing discussions about digital asset regulation. The emphasis on stablecoins and tokenization reflects current trends in the financial sector. The narrative also mentions recent UK regulatory developments, such as the Cryptoassets Order 2025 and FCA consultations, which are accurate and relevant. (gov.uk) Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): HIGH Summary: The narrative is recent and original, with corroboration from reputable sources. While similar calls have been made in the past, the current context and details suggest a genuine development. The source's focus on the crypto sector is noted, but the information aligns with known facts and ongoing discussions, supporting a high confidence in its accuracy.

BlackRock’s pilot project to digitize ETFs on blockchain networks could revolutionise asset management, paving the way for more liquid, transparent, and accessible markets amid regulatory hurdles and industry momentum.BlackRock is currently diving into the world of tokenized assets, specifically exploring how its exchange-traded funds (ETFs) could be digitized on public blockchain networks. This is quite a notable move, signaling a big shift towards blending traditional finance with blockchain tech. At the moment, the project is still in the pilot phase and depends heavily on getting the green light from regulators. The main idea? To turn real-world assets—stuff like stocks, bonds, or even commodities—into digital tokens. If successful, this could really shake up how assets are managed by making them more liquid and opening up wider market access worldwide. This push for tokenized ETFs is strongly backed by BlackRock’s CEO, Larry Fink, who sees blockchain infrastructure as the way forward for finance. He’s gone so far as to describe Bitcoin ETFs as just the first step in a much larger wave of technological change. According to him, tokenizing things like gold and ETFs is just a subsequent phase—one that could bring about some serious major shifts. Fink talks about how tokenization could improve transparency and make transactions more efficient—fingers crossed—highlighting BlackRock’s dedication to modernizing financial markets through blockchain. Recently, Fink also shared positive thoughts about Ethereum ETFs, framing them as key milestones on the path towards the bigger goal of tokenizing all sorts of assets. BlackRock's approach isn’t coming out of nowhere. It builds on their earlier successes, such as the BlackRock USD Institutional Digital Liquidity Fund, known as BUIDL. This was a tokenized cash-management product that quickly amassed about $2.2 billion. Many industry experts believe that if ETFs get tokenized, it could pave the way for 24/7 trading and a more active secondary market—something that could really shake up existing trading patterns. This trend isn’t limited to BlackRock either. Other heavyweights like Goldman Sachs and BNY Mellon are also experimenting with tokenizing fund products, which suggests that institutional confidence in blockchain’s potential to streamline and democratize markets is growing. Looking ahead, the impact of BlackRock’s ETF tokenization isn’t just about one product. It hints at a future where a huge array of assets—stocks, bonds, real estate—could also be digitized on blockchain platforms. Fink envisions a world where all financial assets might eventually be tokenized, transforming ownership and trading into fully digital processes. Of course, he also admits there are still hurdles—regulatory approval remains a challenge, as does navigating the complexities of digital verification. Nonetheless, the momentum behind this idea seems to be gaining traction. It’s worth noting, too, that BlackRock’s efforts are part of a broader trend. For example, Abu Dhabi-based firm Realize recently launched a tokenized U.S. Treasury fund on blockchain networks like IOTA and Ethereum—pretty significant for the Middle Eastern market’s move into digital finance. Other asset managers, such as Janus Henderson, are jumping into the mix, experimenting with securities tokenization with hopes of boosting operational efficiency and cutting costs. This broader industry acceptance of blockchain tech signals a shift from fringe innovation to mainstream adoption. As BlackRock advances with its pioneering efforts, the finance world might be standing at a real turning point. If these pilot programs clear regulatory hurdles and are scaled successfully, we could see blockchain-based asset management go mainstream. That would mean more transparency, better liquidity, and increased inclusivity across markets worldwide. It’s a pretty exciting time, honestly—things are changing quickly. References: - Paragraph 1 – [1], [6] - Paragraph 2 – [1], [2], [3], [4] - Paragraph 3 – [1], [6], [2] - Paragraph 4 – [1], [4] - Paragraph 5 – [5], [7] - Paragraph 6 – [1], [6], [7] Source: Noah Wire ServicesVerification / Sources https://www.kanalcoin.com/blackrock-tokenizing-etfs-blockchain/ - Please view link - unable to able to access data https://www.cnbc.com/2024/01/12/blackrocks-larry-fink-says-bitcoin-etfs-are-just-the-first-step-in-the-technological-revolution-of-finance.html - In January 2024, BlackRock CEO Larry Fink stated that Bitcoin ETFs are 'step one in the technological revolution in the financial markets,' with tokenization being the subsequent phase. He highlighted the potential of tokenizing real-world assets like gold, noting that such tokenization could enhance transparency and efficiency in financial transactions. Fink expressed optimism about the future of Ethereum ETFs, viewing them as a progression towards broader asset tokenization. This perspective underscores BlackRock's commitment to integrating blockchain technology into traditional finance, aiming to modernize and streamline financial markets. https://coinmarketcap.com/academy/article/blackrocks-larry-fink-sees-value-in-ethereum-etfs-future-of-tokenization - In a recent interview, BlackRock CEO Larry Fink expressed support for Ethereum (ETH) exchange-traded funds (ETFs), indicating the firm's growing interest in cryptocurrencies beyond Bitcoin. Fink stated, 'I see value in having an Ethereum ETF,' describing these ETFs as 'stepping stones towards tokenization.' This aligns with BlackRock's broader strategy of embracing tokenization, which involves representing real-world assets as digital tokens on the blockchain. Fink believes that tokenization can improve transparency and efficiency in financial markets, potentially transforming traditional investment processes. https://www.cnbc.com/2025/04/12/tokenization-stock-bond-real-estate-trading-market-coming-blackrock.html - In April 2025, BlackRock CEO Larry Fink envisioned a future where all assets, including stocks, bonds, and real estate, are tradable online via blockchain technology. He referred to this concept as 'tokenization,' describing it as a potential revolution in financial ownership and investing. Fink acknowledged the challenges, particularly in digital verification, but emphasized the transformative potential of tokenization in modernizing financial markets and enhancing transaction efficiency. https://www.reuters.com/technology/abu-dhabi-firm-launch-tokenized-us-treasuries-fund-2024-10-31/ - In October 2024, Realize, an Abu Dhabi-based technology firm, launched the Realize T-BILLS Fund, aiming to invest in U.S. Treasury-focused ETFs from BlackRock and State Street. The firm plans to tokenize these assets, converting them into digital tokens tradable on blockchain networks like IOTA and Ethereum. This initiative marks the first tokenized fund domiciled in the Abu Dhabi Global Market, approved by its regulatory authority, highlighting the growing interest in tokenized financial products in the Middle East. https://www.coindesk.com/markets/2025/09/11/blackrock-weighs-tokenized-etfs-on-blockchain-in-push-beyond-treasuries/ - In September 2025, BlackRock began exploring the tokenization of exchange-traded funds (ETFs) on public blockchains, building upon its previous experience with tokenized U.S. Treasury products. The firm introduced the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a tokenized Treasury fund that quickly grew to manage nearly $2.2 billion. Tokenizing ETFs would allow shares to be issued and transacted as tokens on the blockchain, potentially enabling 24/7 trading and enhancing liquidity, marking a significant step in integrating blockchain technology into traditional finance. https://www.ft.com/content/648f2249-5783-4e98-8412-4056f56ad1b0 - In a recent development, Janus Henderson, a prominent asset manager, announced its plans to join BlackRock, Fidelity, and Franklin Templeton in experimenting with securities tokenization. The firm intends to manage the $11 million Anemoy Liquid Treasury Fund, aiming to leverage blockchain technology to streamline financial services and potentially disrupt the industry beyond ETFs. This move reflects a broader trend among traditional financial institutions to explore blockchain's potential in enhancing efficiency and reducing costs in asset management. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 7 Notes: The narrative presents recent developments regarding BlackRock's exploration of tokenized ETFs on blockchain, with references to statements by CEO Larry Fink from January 2024. The earliest known publication date of similar content is January 12, 2024. The report includes updated data but recycles older material, which may justify a higher freshness score but should still be flagged. The content has been republished across various platforms, including low-quality sites and clickbait networks, which raises concerns about its originality. The narrative is based on a press release, which typically warrants a high freshness score. However, earlier versions show different figures, dates, or quotes, indicating potential discrepancies. Notably, the narrative includes updated data but recycles older material, which may justify a higher freshness score but should still be flagged. Additionally, the narrative includes updated data but recycles older material, which may justify a higher freshness score but should still be flagged. Quotes check Score: 6 Notes: The narrative includes direct quotes from Larry Fink regarding the tokenization of financial assets. These quotes have been used in earlier material, indicating potential reuse. The wording of the quotes varies slightly across sources, suggesting possible paraphrasing or selective quoting. No online matches were found for some of the quotes, raising the possibility of original or exclusive content. Source reliability Score: 5 Notes: The narrative originates from an obscure, unverifiable, or single-outlet source, which raises concerns about its reliability. The person, organization, or company mentioned in the report cannot be verified online, indicating potential fabrication. Plausability check Score: 7 Notes: The narrative makes claims about BlackRock's exploration of tokenized ETFs on blockchain, a topic that has been covered by reputable organizations such as CNBC and Reuters. However, the narrative lacks supporting detail from any other reputable outlet, which raises concerns about its credibility. The report includes specific factual anchors, such as names, institutions, and dates, enhancing its plausibility. The language and tone are consistent with the region and topic, and the structure is focused on the claim without excessive or off-topic detail. The tone is formal and resembles typical corporate language. Overall assessment Veredict (FAIL, OPEN, PASS): FAIL Confidence (LOW, MEDIUM, HIGH): MEDIUM Summary: The narrative presents recycled content with potential discrepancies and lacks supporting detail from reputable outlets, raising concerns about its originality and credibility. The source's reliability is questionable, and the plausibility of the claims is uncertain due to the lack of corroboration from other reputable sources.

WisdomTree introduces a revolutionary digital fund that tokenises private credit offering rapid settlement and increased accessibility for both retail and institutional investors, signalling a new era in digital asset investing.WisdomTree, a global financial innovator, has introduced the WisdomTree Private Credit and Alternative Income Digital Fund, offering a tokenized exposure to private credit through blockchain technology. According to the company's announcement, the fund—a crypto-asset available under the token ticker CRDT and fund ticker CRDYX—aims to track the performance of the Gapstow Private Credit and Alternative Income Index, thereby providing retail and institutional investors access to an asset class traditionally difficult to access. The fund will be available via WisdomTree's blockchain-native platforms, WisdomTree Prime and WisdomTree Connect, and is tokenized on both the Ethereum and Stellar blockchains. The company said the digital fund structure features rapid settlement times, with same-day (T+0) settlement for subscriptions and two-day (T+2) settlement for redemptions, with a minimum investment set at $25. This aims to combine daily liquidity and transparency with the income potential of private credit, which WisdomTree describes as a rapidly growing sector valued for yield and diversification. The new fund expands on WisdomTree’s existing products, including an ETF that tracks the same private credit index. According to the firm, this development is positioned to make private credit more accessible to crypto-native investors while retaining regulatory rigor through the use of regulated onchain investing infrastructure. WisdomTree’s platforms offer blockchain-enabled financial services designed to streamline investing in tokenized real-world assets (RWA). WisdomTree Prime provides consumer-level access to digital assets through an app enabling cryptocurrency management, digital fund investing, and payment services via a linked Visa card. Meanwhile, WisdomTree Connect caters to institutional clients, facilitating regulated access to a broad suite of tokenized funds including money market, equities, and fixed income products. The launch of this private credit digital fund builds on the firm’s broader strategy of integrating traditional and digital finance ecosystems. However, the company also highlights risks inherent in blockchain technology and alternative credit markets. Blockchain networks face potential vulnerabilities including fraud, cybersecurity attacks, and unpredictable transaction fees, which could impact fund operations and investor experience. The fund’s investments in underlying closed-end funds such as business development companies and real estate investment trusts introduce market risks, credit risk, and liquidity considerations. The company advises investors to carefully consider the fund’s prospectus and associated risks, signalling the nascent and complex nature of digital asset investment structures. This move reflects a broader trend in the financial industry toward tokenization of alternative assets, aiming to extend access beyond institutional circles. While tokenization promises enhanced liquidity and transparency, industry observers remain cautious about operational risks and regulatory uncertainties that may affect market adoption and investor protection over time. 📌 Reference Map: - Paragraph 1 – [1], [2] - Paragraph 2 – [1], [2], [5] - Paragraph 3 – [3], [4], [5], [6] - Paragraph 4 – [1] - Paragraph 5 – [1], [2] Source: Noah Wire ServicesVerification / Sources https://www.businesswire.com/news/home/20250912765099/en/WisdomTree-Brings-Private-Credit-Onchain-with-the-Launch-of-Tokenized-WisdomTree-Private-Credit-and-Alternative-Income-Digital-Fund-Token-CRDT?feedref=JjAwJuNHiystnCoBq_hl-bV7DTIYheT0D-1vT4_bKFzt_EW40VMdK6eG-WLfRGUE1fJraLPL1g6AeUGJlCTYs7Oafol48Kkc8KJgZoTHgMu0w8LYSbRdYOj2VdwnuKwa - Original press release. View link for all data https://www.businesswire.com/news/home/20250912765099/en/WisdomTree-Brings-Private-Credit-Onchain-with-the-Launch-of-Tokenized-WisdomTree-Private-Credit-and-Alternative-Income-Digital-Fund-Token-CRDT - WisdomTree, a global financial innovator, has launched the WisdomTree Private Credit and Alternative Income Digital Fund (token ticker: CRDT; fund ticker: CRDYX). This fund aims to provide exposure to private credit through a transparent, tokenized structure, making it accessible to both retail and institutional investors via the WisdomTree Prime® and WisdomTree Connect™ platforms. The fund seeks to track the performance of the Gapstow Private Credit and Alternative Income Index (GLACI) and is tokenized on the Ethereum and Stellar blockchains. It offers daily liquidity, transparency, and a minimum investment of $25, with T+0 settlement for subscriptions and T+2 for redemptions. The launch of CRDT expands WisdomTree's suite of tokenized funds, providing alternative sources of yield and portfolio diversification benefits. For more information, visit the official press release. https://www.wisdomtree.com/investments/about-digital-funds - WisdomTree offers a range of digital funds designed to provide investors with access to blockchain-enabled finance. These funds aim to facilitate spending, saving, and investing in a seamless process. Each digital fund has specific strategic and investment objectives, as detailed in their respective prospectuses. The platform is accessible to both individual and institutional investors, with products available through WisdomTree Prime® and WisdomTree Connect™. For more information, visit the official page on digital funds. https://www.wisdomtreeprime.com/ - WisdomTree Prime® is a blockchain-native financial services app that offers consumers control over their financial lives. The app allows users to save, spend, and invest in digital assets such as Bitcoin, Gold, and Digital Funds. Features include a Visa Debit Card for everyday purchases, the ability to turn paychecks into digital assets, and secure access to cryptocurrencies. The app is available on the Google Play and Apple App Stores in select states. For more information, visit the official website. https://www.wisdomtreeconnect.com/ - WisdomTree Connect™ is an institutional platform that provides seamless access to WisdomTree’s tokenized real-world assets (RWA). It integrates blockchain technology with the investment needs of both traditional and crypto-native financial institutions and businesses. The platform offers a suite of tokenized funds across money market, equities, fixed income, and asset allocation model funds. For more information, visit the official website. https://ir.wisdomtree.com/news-events/press-releases/detail/704/wisdomtree-launches-new-platform---wisdomtree-connect - WisdomTree has launched WisdomTree Connect™, a new platform that unlocks access to tokenized real-world assets (RWA) for a broader range of users. The initial tokenized RWA available via the platform is the WisdomTree Government Money Market Digital Fund (WTGXX). WisdomTree Connect enables clients to interact with WisdomTree-issued tokens across supported blockchains, providing a gateway to blockchain-enabled finance. For more information, visit the official press release. https://ir.wisdomtree.com/news-events/press-releases/detail/737/wisdomtree-wins-best-digital-asset-processing-solution-for - WisdomTree Transfers, Inc. has been awarded 'Best Digital Asset Processing Solution' at the 2025 FTF News Technology Innovation Awards. The company’s blockchain-enabled transfer agency and registrar service serves as the transfer agent for WisdomTree’s tokenized funds, maintaining official share ownership records on both traditional book-entry form and various blockchains, including Ethereum, Arbitrum, Avalanche, Base, and Optimism. For more information, visit the official press release. Noah Fact Check Pro The draft above was created using the information available at the time the story first emerged. We've since applied our fact-checking process to the final narrative, based on the criteria listed below. The results are intended to help you assess the credibility of the piece and highlight any areas that may warrant further investigation. Freshness check Score: 10 Notes: The narrative is fresh, with no prior publications found. The earliest known publication date is September 12, 2025. The content is original and not recycled. The report is based on a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were identified. The narrative has not appeared more than 7 days earlier. The article includes updated data and introduces new material, justifying a higher freshness score. Quotes check Score: 10 Notes: No direct quotes were identified in the narrative. The absence of quotes suggests the content is potentially original or exclusive. Source reliability Score: 10 Notes: The narrative originates from Business Wire, a reputable press release distribution service. The content is attributed to WisdomTree, a well-established financial innovator. The report is based on a press release, which typically warrants a high reliability score. Plausability check Score: 10 Notes: The claims about the launch of the WisdomTree Private Credit and Alternative Income Digital Fund are plausible and align with WisdomTree's recent initiatives. The narrative is consistent with the company's focus on integrating traditional and digital finance ecosystems. The language and tone are appropriate for the financial industry. No excessive or off-topic details were found. The tone is formal and consistent with corporate communications. Overall assessment Veredict (FAIL, OPEN, PASS): PASS Confidence (LOW, MEDIUM, HIGH): HIGH Summary: The narrative is fresh, original, and based on a reputable press release from WisdomTree. The content is plausible, with no discrepancies or signs of disinformation. The absence of direct quotes and the use of formal language further support its credibility.