The Bank of New York Mellon Corporation has been appointed by WisdomTree, Inc. to provide a comprehensive suite of services for its U.S.-listed exchange-traded funds (ETFs), which collectively manage $80.7 billion in assets. The mandate includes custody, accounting, fund administration, ETF services, and securities lending.
This expanded relationship also extends to fund accounting and administration for WisdomTree's Bitcoin ETF and its suite of tokenized funds, highlighting BNY Mellon's growing expertise and capabilities in the digital assets sector. The collaboration aims to support WisdomTree's growth initiatives across models, digital assets, and retail distribution.
By leveraging BNY Mellon's extensive financial ecosystem and operational platforms, WisdomTree is expected to gain scale and efficiencies. This significant client win underscores BNY Mellon's strategy of delivering integrated solutions that span traditional and digital asset classes, enhancing its fee-based revenue streams.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.