WisdomTree To Launch 24/7 Trading and Instant Settlement for Tokenized Money Market Fund Shares
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This capability is unprecedented for a fund governed by the Investment Company Act of 1940, representing a key advancement in tokenized security markets compared to traditional markets. Instant settlement lets investors move into yield-bearing assets in real time, eliminating T+1 delays of traditional markets, reducing cash drag and unlocking the efficiency and liquidity advantages of tokenized assets.
Launching this functionality required coordinated regulatory approvals, with multiple WisdomTree entities obtaining
“Instant settlement has been one of the true promises of blockchains and RWA tokenization,” said
This functionality will soon be made available to institutional investors via WisdomTree Connect™. WTGXX has already been driving yield and diversification for investors, enabling more efficient onchain treasury operations for crypto-native institutions. The fund has played a critical role in eliminating the need to go offchain to access yield-bearing investments. With this launch and combined with existing peer-to-peer transfer capabilities, WisdomTree Connect will enable frictionless 24/7 trading and value movement for WTGXX across wallets, accounts, and counterparties. In the future, this functionality may be available to retail investors via WisdomTree Prime® and other channels.
These approvals allow transactions to settle from broker-dealer inventory rather than directly with the fund, enabling 24/7 execution while preserving the fund’s existing primary-market structure. The initial participating broker-dealer will be
In tandem, WisdomTree has also unveiled continuous dividend accrual, enabling WTGXX shares to allocate each day’s income based on how long each verified wallet held its tokens, using blockchain timestamps to track intraday transfers. This enables shareholders that conduct peer-to-peer transfers to receive their proportionate share of daily interest, even when tokens move between wallets during the day. Paired with 24/7 trading and settlement, continuous dividend accrual enhances intraday functionality while preserving WTGXX’s underlying investment process. Once launched,
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For more information about WisdomTree Connect, please visit: https://www.wisdomtreeconnect.com.
Carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. To obtain a prospectus containing this and other important information, please visit this link . Read the prospectus carefully before investing. There are risks associated with investing, including possible loss of principal.
A blockchain is an open, distributed ledger that digitally records transactions in a verifiable way. A distributed ledger is a database in which data is stored in a decentralized manner. A blockchain stores transaction data in “blocks” that are linked together to form a “chain”, and hence the name blockchain. Tokenization is the recording of digital representations of Fund shares on an applicable blockchain.
Blockchain technology is a relatively new and untested technology, with little regulation. Blockchain systems could be vulnerable to fraud, particularly if a significant minority of participants colluded to defraud the rest. Potential risks also include vulnerability to theft, or inaccessibility, and future regulatory developments could affect its viability. Blockchain networks can also experience delays in transaction processing and settlement, particularly during periods of high network congestion or increased transaction volume. Flaws or errors in blockchain integrated recordkeeping could negatively impact the execution or recordkeeping of transactions in
Cybersecurity attacks affecting a Digital Fund’s third-party service providers, the application used to transact in
WTGXX is distributed by
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at
About WisdomTree
WisdomTree is a global financial innovator, offering a diverse suite of exchange-traded products (ETPs), models and solutions, private market investments and digital asset-related products. Our offerings empower investors to shape their financial future and equip financial professionals to grow their businesses. Leveraging the latest financial infrastructure, we create products that emphasize access and transparency and provide an enhanced user experience. Building on our heritage of innovation, we offer next-generation digital products and services related to tokenized real world assets and stablecoins, as well as our institutional platform, WisdomTree Connect™, and blockchain-native digital wallet, WisdomTree Prime®*, and have expanded into private markets through the acquisition of Ceres Partners’
* The WisdomTree Connect institutional platform and WisdomTree Prime digital wallet and digital asset services are made available through
WisdomTree currently has approximately
For more information about WisdomTree, WisdomTree Connect and WisdomTree Prime, visit: https://www.wisdomtree.com.
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WisdomTree® is the marketing name for
PRODUCTS AND SERVICES AVAILABLE VIA WISDOMTREE CONNECT AND WISDOMTREE PRIME:
NOT FDIC INSURED | NO BANK GUARANTEE | NOT A BANK DEPOSIT | MAY LOSE VALUE | NOT SIPC PROTECTED | NOT INSURED BY ANY GOVERNMENT AGENCY
The products and services available through WisdomTree Connect and the WisdomTree Prime app are not endorsed, indemnified or guaranteed by any regulatory agency.
Category: Business Update
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