Both Java and .NET verify their bytecode.
>Wasm bytecode is trivial (as it gets) to turn into machine code
JVM and .NET bytecodes aren't supercomplicated either.
Probably the only real differences are: 1) WASM was designed to be more modular and slimmer from the start, while Java and .NET were designed to be fat; currently there are modularization efforts, but it's too late 2) WASM is an open standard from the start and so browser vendors implement it without plugins
Other than that, it feels like WASM is a reinvention of what already existed before.