WisdomTree, Inc. - WT STOCK NEWS

WisdomTree, Inc. (NYSE: WT) has launched the WisdomTree India Hedged Equity Fund (INDH) on NASDAQ. The fund seeks to track the performance of Indian companies while hedging against rupee fluctuations. INDH provides exposure to 75 large Indian securities with an emphasis on Energy, Materials, Financial, and IT sectors. Investors are advised to consider risks associated with foreign investing and currency fluctuation.

WisdomTree, Inc. (NYSE: WT) has launched WisdomTree Prime® in New York, offering an integrated financial ecosystem for saving, spending, and investing. The app has expanded to 41 states and received a charter from the New York State Department of Financial Services to operate as a purpose trust company. This enables WisdomTree to provide custody of digital assets, issue stablecoins, and manage stablecoin reserves through WisdomTree Digital Trust Company, The launch of WisdomTree Prime® Visa Debit Card further connects personal finance to digital asset investments, solidifying WisdomTree's position as a leader in blockchain-enabled financial services.

WisdomTree, Inc. urges stockholders to support the current Board at the 2024 Annual Meeting. Dissident stockholder Graham Tuckwell is criticized for launching disruptive campaigns. WisdomTree highlights the experience and success of its directors and emphasizes the need for stability and continuity in its strategy. The company has seen significant growth in various financial metrics and is making progress in its digital assets business. WisdomTree encourages stockholders to vote 'FOR' all directors on the WHITE proxy card.

WisdomTree, Inc. (NYSE: WT) sends a letter to stockholders for the 2024 Annual Meeting, urging support for their Board, management, and growth strategy. The letter emphasizes stock price increase, strong financial performance, Board refreshment, and continued value generation. WisdomTree files definitive proxy materials and encourages stockholders to vote 'FOR' all nominated directors and other matters at the meeting. The company highlights revenue growth, positive financial results, market share increase, operating margin expansion, and growth in assets under management. WisdomTree also discusses advancements in digital assets and blockchain-enabled finance, revealing plans for tokenization revenue streams. The letter refutes claims by Graham Tuckwell, founder of ETFS Capital, stating his misleading statements and false accusations against the Company. It defends the strategic direction, performance, and governance of WisdomTree, urging stockholders to vote 'FOR' their directors and support the current management team.

WisdomTree, Inc. (NYSE: WT) reported strong financial results for Q1 2024, including record AUM of $107.2 billion, 870bps of operating margin expansion, and diluted earnings per share of $0.13. The company also achieved $22.1 million of net income, with $2.0 billion of net inflows primarily driven by international developed equity and U.S. equity products. WisdomTree's operating revenues increased by 6.6% to $96.8 million, with a gross margin of 79.4%. The company declared a $0.03 quarterly dividend and highlighted key initiatives focusing on ETP lineup, models footprint expansion, and leadership in tokenization of financial assets.

WisdomTree, Inc. (WT) announces the release of its first quarter results on April 26, 2024. The conference call to discuss the results will be held at 11:00 a.m. ET. Participants can access the earnings materials and webcast through WisdomTree's investor relations website.

WisdomTree, Inc. (WT) achieves a record high AUM of $107.3 billion for the 5th consecutive month with over $1.2 billion in net inflows in March. The company received a trust company charter from the New York State Department of Financial Services, allowing it to expand its services and offerings. The monthly metrics for March 2024 show positive fee impact and net inflows across various asset classes, with significant growth in Equity, Fixed Income, Commodities, and Cryptocurrency.

WisdomTree, Inc. celebrates the 10-year anniversary of the WisdomTree Floating Rate Treasury Fund (WT:USFR), highlighting its success in various rate landscapes. Kevin Flanagan, Head of Fixed Income Strategy, emphasizes the fund's strategic importance in different interest rate environments. The U.S. Treasury's floating rate auctions and the growing investor adoption of floating rate Treasuries indicate a positive outlook for the fund. USFR offers cost-effective access to newly issued U.S. government floating rate notes, providing investors with a short-term government bond solution that fluctuates with 3-month Treasury Bill auctions.

WisdomTree, Inc. (NYSE: WT) has obtained a trust company charter from the New York State Department of Financial Services, allowing it to operate as a purpose trust company under the New York Banking Law. This authorization enables the launch of WisdomTree Prime in New York, offering fiduciary custody of digital assets, digital wallet services, and DFS-approved stablecoins. The approval positions WisdomTree at the forefront of blockchain-enabled financial services, providing enhanced regulatory supervision and customer protection.