WisdomTree Launches the First Tokenized Money Market Fund Supporting 24/7 Trading and Instant Settlement
WisdomTree announced that its tokenized money market fund WTGXX has received SEC exemption approval, making it the first registered tokenized fund in the United States capable of achieving round-the-clock trading and instant settlement within a regulatory framework. This groundbreaking innovation eliminates the traditional T+1 settlement delay, allowing investors to access income-generating assets in real-time using USDC stablecoins, significantly enhancing liquidity and trading efficiency. This feature will initially be available to institutional investors through the WisdomTree Connect platform, with potential future expansion to retail investors.
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WisdomTree Launches the First Tokenized Money Market Fund Supporting 24/7 Trading and Instant Settlement
WisdomTree announced that its tokenized money market fund WTGXX has received SEC exemption approval, making it the first registered tokenized fund in the United States capable of achieving round-the-clock trading and instant settlement within a regulatory framework. This groundbreaking innovation eliminates the traditional T+1 settlement delay, allowing investors to access income-generating assets in real-time using USDC stablecoins, significantly enhancing liquidity and trading efficiency.
This feature will initially be available to institutional investors through the WisdomTree Connect platform, with potential future expansion to retail investors.