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Leading options · 7 ranked from 15 screened

Tokenised Funds

Tokenised funds evaluated across what you own and against whom, redemption mechanics, fee load versus the cheapest equivalent, and eligibility.

#1 of 7 · published ranking
WisdomTree Digital Funds
83ChainChoice Score
Why it leads
Best in the pool on claim distance and liquidity
Cost
$13 your cost/yr · Your balance: $25k
No provider can pay for a position in this table. The code that computes this order cannot read which links earn us a commission, and every build proves it. Every score below rebuilds from the published criteria.Ranking 2026.08 · 4 criteria · 7 products · same inputs, same order
Personal comparison

What tokenised funds cost you

Your inputs update the cost column. The independent ranking stays fixed.

The annual management fee on your balance. Excludes performance fees, spreads and any redemption charge.

RankProviderBest fitScoreYour cost
1
WisdomTree Digital FundsReal 1940 Act funds at 0.05% — the chea...Top ranked
The cheapest real fee load in the category (0.05%, no waiver dependency)Trade-off: US investors only — non-US buyers cannot access it at all
83score
Lowest at your inputs
Check availability for your countryVisit WisdomTree Digital Funds · wisdomtree.com

Commission: This provider pays ChainChoice nothing for this link. Disclosure

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

2
Janus Henderson Anemoy AAA CLO Fund (JAAA)Janus Henderson Anemoy AAA CLO Fund (JAAA)0.50% for the token — the SAME manager’...
Largest non-Treasury tokenised fund with daily stablecoin redemptionTrade-off: 0.50% management fee plus unquantified third-party fees, versus 0.20% all-in for the...
71score
your cost/yr
Check availability for your countryVisit Janus Henderson Anemoy AAA CLO Fund (JAAA) · app.centrifuge.io

Commission: This provider pays ChainChoice nothing for this link. Disclosure

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

3
Bitwise Crypto Carry Fund (USCC)Bitwise Crypto Carry Fund (USCC)The crypto basis trade in a Delaware tr...
US-domiciled Delaware trust — a stronger wrapper than the offshore notes hereTrade-off: Qualified purchasers only ($5M+ test) with a $100,000 minimum — accredited is not enough
68score
your cost/yr
Check availability for your countryVisit Bitwise Crypto Carry Fund (USCC) · bitwiseinvestments.com

Commission: This provider pays ChainChoice nothing for this link. Disclosure

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

4
ADDXMAS-licensed Singapore venue — non-US a...
MAS licensing with custody and market-operator authorisation in one regulated venueTrade-off: Accredited investors ONLY — the low minimum does not lower the eligibility bar
58score
-Not published
Check availability for your countryVisit ADDX · addx.co

Commission: This provider pays ChainChoice nothing for this link. Disclosure

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

5
KAIOKAIOFeeders into Brevan Howard and Hamilton...
Tokenised access to brand-name alternative managersTrade-off: NO published fee schedule — the platform layer is unknown before onboarding
41score
-Not published
Check availability for your countryVisit KAIO · kaio.xyz

Commission: This provider pays ChainChoice nothing for this link. Disclosure

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

Same score, not joint · ordered by weighted total (34.30 against 33.20)
6
Blockchain Capital BCAPBlockchain Capital BCAP2017-vintage tokenised VC fund — there...
Tokenised access to an established venture bookTrade-off: NO investor redemption right — only the issuer may redeem, at its option, after ten y...
41score
your cost/yr
Check availability for your countryVisit Blockchain Capital BCAP · securitize.io

Commission: This provider pays ChainChoice nothing for this link. Disclosure

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

1 more assessed and ranked below — none of them hidden for commercial reasons.
Ranking blindCommercial terms excludedDated primary sourcesCrypto products are high risk. Check the provider is authorised where you live before you deposit.

Ranked on 4 published criteria weighted 30/26/24/20, which set goal alignment — 30 of the 86 points. The rest: regional access 20, evidence depth 18, ease of use 10, institutional trust 8. Profile match is shown in breakdowns but carries no weight.

Audit
Infrastructure
Methodology
2026.09.15
published 2026-09-16
Providers tracked
980+
across 119 categories
Last verified
2026-09-14
newest dated pricing or sentiment read
Named on the roster
2 people
managing directors · 6 automated processes
Decision guide

What matters most before choosing in this category

The best tokenised fund depends on what you actually own and against whom. A registered fund share, a feeder interest and an SPV note are not equivalent, and a branded manager's name on the wrapper is not evidence that the manager stands behind it. Fees are scored relatively rather than absolutely — the question is what the same strategy costs untokenised, and a tokenised share class charging materially more than the identical manager's own ETF is the finding rather than a footnote.

What matters most before choosing in this category

The best tokenised fund depends on what you actually own and against whom. A registered fund share, a feeder interest and an SPV note are not equivalent, and a branded manager's name on the wrapper is not evidence that the manager stands behind it. Fees are scored relatively rather than absolutely — the question is what the same strategy costs untokenised, and a tokenised share class charging materially more than the identical manager's own ETF is the finding rather than a footnote.

Do you own a registered fund share, a feeder interest, or an SPV note — and against whom does the claim run?
Do you have an investor-side redemption right, or only an issuer option with queue caps?
Do you have an investor-side redemption right, or only an issuer option?
Current editor lead

Expert review and scoring weights

WisdomTree Digital FundsData checked Sep 2026
Real 1940 Act funds at 0.05% — the cheapest wrapper here by an order of magnitude

Fifteen SEC-registered 1940 Act funds with a blockchain mirror record, spanning money market, equity, fixed income and allocation strategies. Two things make this the outlier. The fee load is an ordinary mutual-fund expense ratio — 0.05% gross AND net on the flagship, so it does not depend on a waiver that can lapse — which is roughly an order of magnitude below every other entry here. And it is the only genuinely retail-accessible product in the category, via the WisdomTree Prime app in all 50 states. The honest counterweight: WisdomTree states the token is NOT the security, so the onchain record is legally secondary — and at $18.06M of net assets in the flagship (fact sheet, 30 June 2026) this is a regulated experiment, not a market.

Best forThe cheapest real fee load in the category (0.05%, no waiver dependency)
Main tradeoffUS investors only — non-US buyers cannot access it at all
Verify before signupAsk what the token actually adds over holding the same fund in a brokerage account — for most buyers, very little.
Methodology

How this category is reviewed

Reviewed on what you own and against whom, redemption mechanics, fee load vs the cheapest equivalent, and who can subscribe.

The order on this page is the published ranking for this category. Every criterion, weight and source behind it is on the methodology page.
Frequently asked

Questions people ask before choosing tokenised funds

What do I actually own when I hold a tokenised fund?
Tokenised funds make the most sense when you want managed strategy exposure onchain and can accept that you usually hold a feeder or note rather than the fund itself, without the same volatility as broader crypto assets.
Why compare fees against an ETF rather than against each other?
Because the alternative to a tokenised fund is almost never another tokenised fund - it is the ordinary ETF or fund share holding the same underlying, which anyone can already buy. Scoring these against each other would make the cheapest of them look good even if all of them cost several times the untokenised route. Measuring each against the cheapest equivalent way to hold the same exposure is the only comparison that answers what the wrapper actually costs you
What matters most when choosing a tokenised fund?
What the investor owns and what it costs against the cheapest equivalent route. Where a tokenised share class charges materially more than the same manager's own ETF, that gap is the finding.
REVIEWEDAugust–September 2026METHOD4 criteriaCATEGORYtokenised_funds
Not financial advice · For informational purposes only · Always do your own research
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