WisdomTree Gains Approval for 24/7 Tokenized Fund Trading
Asset manager WisdomTree has secured approval to offer 24/7 trading for its tokenized funds. The move represents a significant step in merging traditional finance with on-chain capital markets. This development blurs the lines between DeFi and TradFi, creating infrastructure for continuous, intraday trading of tokenized real-world assets.
- The specific fund approved for 24/7 trading is the WisdomTree Treasury Money Market Digital Fund (WTGXX). The functionality required coordinated approvals, including exemptive relief from the SEC and a separate clearance from FINRA for WisdomTree's broker-dealer subsidiary. - Trading is enabled through a dealer-principal model, where WisdomTree's subsidiary, WisdomTree Securities, provides liquidity from its own inventory. This allows for transactions at a fixed $1 price, with instant settlement on the blockchain, bypassing traditional T+1 settlement delays. - The service will initially be available to institutional investors through the WisdomTree Connect™ platform, with trades settling via the USDC stablecoin. A retail version is planned for later release through the WisdomTree Prime® app. - A novel feature called "continuous dividend accrual" has been introduced, which uses blockchain timestamps to calculate and allocate interest based on how long each wallet held the fund's tokens during the day. - This development is part of WisdomTree's broader multi-chain strategy for Real-World Assets (RWAs). In January 2026, the firm expanded its full suite of tokenized funds to the Solana network, allowing them to be minted, held, and traded natively on Solana. - WisdomTree's tokenized money market fund holds approximately $730 million in assets, positioning it as a major competitor in the tokenized U.S. Treasurys space alongside BlackRock's BUIDL fund (around $2.17 billion) and Franklin Templeton's FOBXX fund (around $901 million).
