WisdomTree to Launch 24/7 Trading and Instant Settlement Tokenized Currency Fund Shares

BlockBeats News, February 24th, reported by businesswire, WisdomTree, Inc. today announced that it will introduce 24/7 trading and real-time settlement for the WisdomTree Treasury Money Market Digital Fund (WTGXX). This is the first time in the United States regulatory context that registered tokenized mutual fund shares will be allowed to achieve 24/7 trading and real-time settlement through a dealer-led, proprietary liquidity model.

For funds governed by the Investment Company Act of 1940, this capability is unprecedented, marking a significant advancement in the tokenized securities market compared to traditional markets. Real-time settlement allows investors to access income-generating assets instantly, eliminating the T+1 delay of traditional markets, reducing fund detention, and unleashing the efficiency and liquidity advantages of tokenized assets.