NYSE:WTCapital Markets
WisdomTree’s Tokenized Fund Approval Tests Growth Promise Against Rich Valuation
WisdomTree (NYSE:WT) received SEC approval to offer intraday trading and instant settlement for tokenized shares of its Treasury Money Market Digital Fund.
The approval allows 24/7 trading of these tokenized money market fund shares in the U.S.
This marks a first of its kind use of blockchain infrastructure for a registered U.S. mutual fund with continuous trading and immediate settlement.
WisdomTree, known for its exchange traded products and digital asset initiatives, is moving deeper...