WisdomTree will launch a 24/7 around-the-clock trading and instant settlement tokenized money market fund share.

robot
Abstract generation in progress

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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)