• Wall Street’s big blockchain win: SEC gives WisdomTree the green light for instant, around-the-clock trading The move adds momentum to the $10 billion large tokenized Treasury market led by BlackRock, Circle and others. • What to know: The Securities and Exchange Commission approved WisdomTree’s request to let its Treasury Money Market Digital Fund (WTGXX) trade at a fixed $1 intraday price with a dealer, rather than only at end-of-day net asset value. • Under the new structure, a broker-dealer will trade from its own inventory on a 24/7 basis with instant blockchain settlement, while the mutual fund’s primary structure and regulation remain intact. • The move positions WisdomTree among a growing group of firms tokenizing traditional assets like U.S. • Treasury money market funds, a market that now exceeds $10 billion in tokenized Treasuries. • In this article The U.S.

Article Summaries:

  • The U.S. Securities and Exchange Commission has granted asset manager WisdomTree permission to let its Treasury Money Market Digital Fund (WTGXX) trade at a fixed $1 intraday price with a broker‑dealer, rather than only at end‑of‑day net asset value. Under the new arrangement, the dealer trades from its own inventory on a 24/7 basis with instant blockchain settlement, while the fund’s core structure and regulatory status remain unchanged. The approval, which required exemptive relief from the SEC and FINRA clearance, positions WisdomTree among a growing group of firms tokenizing U.S. Treasury money‑market funds-a market that now exceeds $10 billion in tokenized assets.

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