WisdomTree has launched a new tokenized fund focusing on private credit. The new fund, called the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT), tracks a basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts. It’s available with a minimum investment of just $25 and offers two-day redemption. WisdomTree, it’s worth adding, launched an ETF tracking the same benchmark in 2021, the WisdomTree Private Credit and Alternative Income Fund. Private credit, lending done outside traditional banks, has ballooned in recent years as investors chase yield-focused investment options. “It’s really just about bringing the asset class to a whole universe of different investors,” said Will Peck, head of digital assets at WisdomTree. The firm has launched a number of tokenized investment vehicles so far, including ones offering exposure to money market funds, fixed income securities, and equities.