CoinWorld News reports that on February 24, according to BusinessWire, WisdomTree, Inc. announced today the launch of 24/7 around-the-clock trading and instant settlement for the WisdomTree Treasury Money Market Digital Fund (WTGXX). This is the first time within U.S. regulatory scope that registered tokenized fund shares are enabled to trade around the clock and settle instantly through a dealer-proprietary liquidity model. For funds governed by the Investment Company Act of 1940, this capability is unprecedented and marks a significant advancement for the tokenized securities market compared to traditional markets. Instant settlement allows investors to access income-generating assets in real time, eliminating the T+1 delay typical of traditional markets, reducing capital lock-up, and highlighting the efficiency and liquidity advantages of tokenized assets.
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WisdomTree will launch a 24/7 around-the-clock trading and instant settlement tokenized money market fund share.
CoinWorld News reports that on February 24, according to BusinessWire, WisdomTree, Inc. announced today the launch of 24/7 around-the-clock trading and instant settlement for the WisdomTree Treasury Money Market Digital Fund (WTGXX). This is the first time within U.S. regulatory scope that registered tokenized fund shares are enabled to trade around the clock and settle instantly through a dealer-proprietary liquidity model. For funds governed by the Investment Company Act of 1940, this capability is unprecedented and marks a significant advancement for the tokenized securities market compared to traditional markets. Instant settlement allows investors to access income-generating assets in real time, eliminating the T+1 delay typical of traditional markets, reducing capital lock-up, and highlighting the efficiency and liquidity advantages of tokenized assets.