WETF - Blockchain makes inroads in investing mortgages payments execs say

Blockchain technologies offer financial companies and their customers speed, efficiency, 24/7 execution, and cost savings, several financial firms pointed out in their Q4 earnings calls. WisdomTree Investments (NASDAQ:WETF) Founder and CEO Jonathan Steinberg sees blockchain technology becoming ubiquitous in payments and financial services. "It's the convergence of blockchain technology with universal smartphone ownership and tokenization with smart contracts that will effectively blur the lines between savings, payments, and investing, fundamentally changing the way consumers view and interact with their own money and assets," he said during the company's Jan. 28 earnings call. Specifically, the company's WisdomTree Prime, its upcoming digital wallet that's native to the blockchain, "will bring the look and feel that users are accustomed to from traditional mobile apps, while at the same time offering the benefits of the digital financial services experience built on DeFi principles," Steinberg said. WisdomTree Prime will be launching its beta test in select

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Blockchain makes inroads in investing, mortgages, payments, execs say