WisdomTree has launched WTGXX, the first registered tokenized money market fund in the U.S., following an SEC exemption. This fund allows for 24/7 trading and instant settlement, eliminating the traditional T+1 settlement delay. Investors can now access yield-generating assets in real time using the USDC stablecoin, enhancing liquidity and trading efficiency.
Initially available to institutional investors via the WisdomTree Connect platform, this innovation marks a significant step in integrating blockchain technology within regulated financial markets. There are plans to potentially expand access to retail investors in the future.
WisdomTree Unveils First U.S. Tokenized Money Market Fund with 24/7 Trading
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