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Contingent Payments
6 Months Ended
Jun. 30, 2023
Contingent Payments [Abstract]  
Contingent Payments
23. Contingent Payments
Sale of Canadian ETF Business
O
n February 19, 2020, the Company completed the sale of all the outstanding shares of WisdomTree Asset Management Canada, Inc. to CI Financial Corp. The Company received CDN $3,720 (USD $2,774) in cash at closing and was paid CDN $3,000 (USD $2,360) and CDN $2,000 (USD $1,477) of additional cash consideration based upon the achievement of certain AUM growth targets as determined on the
18-month
and the
36-month
anniversaries of the closing date, respectively.
A g
ain of $0 and $1,477 was recognized during the three and six months ended June 30, 2023, respectively, from remeasuring the contingent payment to its realizable value. This gain was recorded in other gains and losses, net.