The Securities and Exchange Commission (SEC) has granted WisdomTree approval, enabling the company’s tokenized Treasury money market fund to engage in continuous trading and settlement activities around the clock, operating seamlessly within the established US regulatory framework. This development marks a significant milestone, as it allows WisdomTree’s tokenized fund to operate without the constraints of traditional trading hours, thereby providing greater flexibility and accessibility to investors. By obtaining SEC approval, WisdomTree has successfully navigated the regulatory landscape, paving the way for its tokenized money market fund to transact and settle on a 24/7 basis, unhindered by the limitations of conventional trading schedules. As a result, WisdomTree’s tokenized Treasury money market fund is now poised to capitalize on the benefits of extended trading hours, further enhancing its appeal to a broader range of investors and solidifying its position within the rapidly evolving cryptocurrency market. The approval allows WisdomTree’s tokenized Treasury money market fund to trade and settle around the clock within the US regulatory framework.
