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-0.00267062314540069 -0.00296735905044515 0.00296142433234427 0.00118694362017802 0.00118694362017802 0.00178041543026713 -0.0118694362017804 -0.0281899109792286
Stock impact report

WisdomTree To Launch 24/7 Trading and Instant Settlement for Tokenized Money Market Fund Shares

WisdomTree, Inc. (WT) 
Company Research Source: Business Wire
Exemptive relief granted by SEC unlocks secondary market liquidity for registered tokenized fund shares for the first time under the Investment Company Act of 1940, enabling 24/7 trading against USDC by WisdomTree’s affiliated broker-dealer NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT) (“WisdomTree”), a global financial innovator, today announced the launch of 24/7 trading and instant settlement capabilities for the WisdomTree Treasury Money Market Digital Fund (WTGXX). This marks the first time registered tokenized mutual fund shares have been permitted to trade and instantly settle 24/7 within the U.S. regulatory perimeter via a dealer-principal liquidity model.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, red Show less Read more
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