Institutions such as WisdomTree invest in financial technology developers to integrate blockchain technology into the ETF ecosystem

According to Cryptonews, New York-based international investment company WisdomTree Investments, along with the Abu Dhabi Investment Office (ADIO) and other investors, has invested in Securrency, an institutional-grade blockchain-based financial and regulatory technology developer, and their goal is to convert the district Blockchain technology is integrated into the exchange-traded fund (ETF) ecosystem. Securrency raised $ 17.65 million in the first round of financing led by WisdomTree as a strategic investor. WisdomTree said that in addition to ADIO, Japanese financial services giant Monex Group, venture capital firm RRE Ventures, Strawberry Creek Ventures and Panthera capital Investments participated in this round of financing. Earlier news, WisdomTree launched its first physical backed Bitcoin ETP (BTCW) in December last year and was listed on the Swiss stock exchange SIX.