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Stock impact report

WisdomTree Prime® Now Available to Users in New York

WisdomTree, Inc. (WT) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced that WisdomTree Prime® is now available to users in New York. The app, now available across 41 states, offers one integrated ecosystem to save, spend, and invest – bringing the consumer’s financial life on-chain.This announcement follows the recent news that WisdomTree has been granted a charter from the New York State Department of Financial Services (DFS) to operate as a limited purpose trust company under the New York Banking Law. The trust company charter authorizes WisdomTree to perform custody of digital assets, including digital wallet services, to issue and exchange DFS-approved stablecoins and manage stablecoin reserves under the newly formed entity, WisdomTree Digital Trust Company, LLC.With its trust charter and related additional powers, WisdomTree Digital Trust Company can offer enhanced protections to its customers, including with respect to its safekeeping of assets Show less Read more
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