WisdomTree Announces +Crypto Model Portfolios for Advisors in Collaboration with Onramp Invest which features Gemini Integration

NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, announced today the WisdomTree +Crypto Model Portfolios. The WisdomTree +Crypto Model Portfolios are expected to be available for advisors to view as an educational resource, including via Onramp Invest, a financial technology start-up focused on integrating crypto assets into advisor workflows, with integration into Gemini, a leading crypto platform.

Will Peck, WisdomTree’s Head of Strategy and Emerging Technologies, said, “WisdomTree has always sought to be a leader in providing educational information and tools for advisors. Advisors are fielding questions about crypto assets now more than ever. Our new +Crypto Model Portfolios are intended to serve as a resource for advisors to consider as they guide their clients who may be looking to participate, based on risk tolerance and other diligence considerations, in this evolving segment of the market. The combination of Onramp and Gemini, two innovative leaders propelling the accessibility of digital assets, allows advisors to strategically incorporate crypto assets into portfolios while potentially considering information provided through WisdomTree’s +Crypto Model Portfolios.”

“Onramp is excited to be the gateway and join forces with two trusted brands in their respective spaces to provide access to crypto assets for RIAs,” said Tyrone Ross, CEO of Onramp Invest.

“Gemini is excited to continue to support the growth of cryptocurrency within investor portfolios and to work with premier partners to provide our leading custody, clearing, and execution services to help their clients access one of the best performing asset classes of the last decade,” said Dave Abner, Global Head of Business Development of Gemini.

Crypto assets, such as bitcoin and ether, are complex, exhibit extreme price volatility, are unpredictable, can become illiquid at any time and should be viewed as highly speculative assets. Gaining exposure to crypto assets presents new and different risks and considerations that may be unfamiliar to advisors, including in their attributes, execution, trading, costs and custody, and may result in an entire loss. An advisor should conduct diligence to, among other things, understand the crypto asset, wallets or any other devices, software or trading platforms used to interact with the crypto asset, blockchain network or relevant network application, potential harm due to loss of private keys, and the liquidity, volatility, complexity, execution, costs, regulatory status (including tax implications) and other risks of the crypto assets, to ensure suitability for any end client in light of individual circumstances, financial position and risk tolerance.