WisdomTree plans to provide eligible U.S. investors with another way to invest in WTGXX, supported by MoonPay’s technology and network of more than 35 million accounts.
WisdomTree, Inc. , a global financial innovator, and MoonPay, the global financial technology company powering the movement of value across fiat and digital assets, have announced a strategic collaboration to make the WisdomTree Treasury Money Market Digital Fund (WTGXX), a tokenized money market mutual fund, more accessible to everyday investors in the U.S. via MoonPay. As part of this initiative, MoonPay plans to use WTGXX as part of its stablecoin reserve management, and WisdomTree is building an access point for its tokenized funds that leverages MoonPay’s technology and platform.
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“Money moves differently , and investing needs to keep pace,” said Jonathan Steinberg, Founder and CEO of WisdomTree. “Stablecoins are reshaping how people and businesses both hold and move value, and working with MoonPay as an access point can give eligible U.S. investors another path to deploy their assets into WTGXX. For us, progress means creating more natural, intuitive ways to put capital to work, and making tokenized funds a practical part of an investor’s portfolio management is how we get there.”
MoonPay’s blockchain technology is expected to support the planned access point, enabling WisdomTree to reach individual investors directly beyond its own direct channels via its broker-dealer, WisdomTree Securities, Inc., and into MoonPay’s network, which hosts over 35 million accounts and serves more than 1,700 partners.
“This year, we have seen rapid adoption of blockchain infrastructure and tokenization of financial assets to expand investor access,” said Caroline D. Pham, CEO of MoonPay Institutional. “Our working relationship with WisdomTree demonstrates how financial innovation can enable better experiences for investors in U.S. regulated markets and products.”
This collaboration is expected to serve as the foundation for a broader strategic engagement between WisdomTree and MoonPay to support additional tokenized fund opportunities, including across global markets.
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.
You could lose money by investing in WTGXX. Although WTGXX seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in WTGXX is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. WTGXX’s adviser is not required to reimburse WTGXX for losses, and you should not expect that the adviser will provide financial support to WTGXX at any time, including during periods of market stress.
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