WisdomTree Makes Strategic Minority Investment in AlphaBeta ETF Ltd to Accelerate AI-Driven ETF Innovation
WisdomTree, Inc. (WT)
Company Research
Source: Business Wire
Collaboration expands WisdomTree’s access to AI-driven research and technology, aligned with its AI-powered ETF vision NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced a $2.5 million strategic minority investment in AlphaBeta ETF Ltd (“AlphaBeta”), an Israeli fintech company focused on quantitative and AI-first investment strategies. The investment establishes the foundation for a strategic collaboration to expand WisdomTree’s use of AI-driven research and technology across its investment process.WisdomTree’s investment will provide access to AlphaBeta’s platform, team, technology, models and a network of academics to broaden its research toolkit and deepen its bench in AI-based investing. It advances WisdomTree’s enterprise-wide AI adoption beyond productivity and efficiency, embedding AI at the center of its business – research, index design and portfolio management – to enhance investor results.The collaboration is expected to
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