WisdomTree exec: Crypto bill not needed for innovation

WisdomTree's head of digital assets, Will Peck, stated that pending U.S. crypto legislation, including the Clarity Act, is not essential for the firm's innovation and expansion plans. Peck believes existing Securities and Exchange Commission (SEC) tools are sufficient to support tokenized securities and funds, enabling products like spot bitcoin ETFs and tokenized money market funds. WisdomTree is actively developing regulated investment products on-chain for instant settlement and wallet-based asset access, asserting that market volatility has not hindered their progress. The firm views the Clarity Act as potentially constructive but not a prerequisite for advancing tokenized real-world assets and other on-chain financial instruments.