New hires include anti-money laundering veteran John Davidson as global head of financial crimes
NEW YORK, November 19, 2021 (GLOBE NEWSWIRE) – WisdomTree Investments, Inc. (NASDAQ: WETF), sponsor and asset manager of exchange traded funds (“ETF”) and exchange traded products (“ETP”) , today announced the expansion of its global digital assets team.
The team focuses on existing and new investment products, indices and strategies that provide exposure to crypto assets, as well as new blockchain-enabled products and services in global markets. With recent additions, WisdomTree now has a dedicated team of twelve professionals in the US, UK and Ireland, focusing exclusively on Technology, Compliance, Law, Product, Marketing, Research and education, related to digital assets, blockchain and decentralized finance (DeFi).
“WisdomTree is focused on digital assets at multiple levels, including our FTEs in Europe and new product development globally. We are embracing “Responsible DeFi” that upholds fundamental regulatory principles in this innovative and rapidly changing space, ”said Jonathan Steinberg, Founder and CEO of WisdomTree. “We are a company steeped in innovation and transparency, and we see ‘Responsible DeFi’ as the next chapter for us and the entire financial services industry as a whole. “
Recent new hires include John Davidson, who has joined WisdomTree as the new Global Head of Financial Crimes, focused on anti-money laundering (AML) and regulatory compliance. Prior to joining WisdomTree, John held a similar role at E * TRADE and was Managing Director at Morgan Stanley. Previously, he spent 19 years as a law enforcement attorney and anti-money laundering policy specialist at the Bureau of Economics, the Federal Reserve Board of Governors, and the Securities and Exchange Commission. John is a frequent speaker at global anti-money laundering conferences and examiner training schools.
“We are committed to creating innovative products that aim to provide a better user experience for the consumer in this space,” said Will Peck, head of digital assets at WisdomTree. “Expanding our team with employees like John, combined with continued investments in areas such as compliance infrastructure, allows us to pave the way for the continued adoption of digital assets and DeFi. “
Ryan Louvar, General Counsel and Head of Business and Legal Affairs, Digital Assets, added, “Whether through ETFs, Digital Assets or DeFi, WisdomTree will continue to be a trusted provider of products and services. innovative services guided by proactive regulatory collaboration.
The expansion of the digital assets team is part of a variety of related WisdomTree initiatives including: WisdomTree’s Enhanced Commodity Strategy Fund (GCC) becoming the first ETF to provide exposure to crypto assets via bitcoin futures contracts; the continued success of Bitcoin and Ether ETPs in Europe; the company’s collaboration with OnRamp and Gemini to support a new digital asset variable annuity product from Federal Life through the development of our + Crypto model portfolio; our investment in Securrency, Inc., the blockchain-based financial services infrastructure provider with respect to regulated funds and tokenized assets; and various filing and regulatory requests related to digital assets and blockchain pending in the United States
About the tree of wisdom
WisdomTree Investments, Inc., through its subsidiaries in the United States and Europe (collectively, “WisdomTree”), is a sponsor and asset manager of ETFs and ETPs headquartered in New York. York. WisdomTree offers products spanning stocks, commodities, fixed income, leveraged and inverse securities, currencies, cryptocurrencies, and alternative strategies. WisdomTree currently has approximately $ 78.1 billion in assets under management worldwide.
Tree Of Wisdom® is the trade name of WisdomTree Investments, Inc. and its subsidiaries around the world.