WisdomTree taps MoonPay to expand access to tokenized WTGXX fund

The planned offering would supplement WisdomTree's existing direct channels through its broker-dealer, WisdomTree Securities.

WisdomTree and MoonPay are working together to make the WisdomTree Treasury Money Market Digital Fund (WTGXX), a tokenized money market mutual fund, more accessible to eligible investors in the US, the companies said Thursday.

WisdomTree plans to build an access point for WTGXX using MoonPay’s technology and platform, giving the asset manager another distribution channel beyond its own direct offerings through WisdomTree Securities.

As part of the collaboration, MoonPay plans to incorporate WTGXX into its stablecoin reserve management. MoonPay’s network includes more than 35 million accounts and over 1,700 partners.

WisdomTree said the partnership would provide individual investors with additional access to its tokenized funds. The companies also expect the relationship to support further tokenized fund initiatives across global markets.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

As part of the collaboration, MoonPay plans to incorporate WTGXX into its stablecoin reserve management. MoonPay’s network includes more than 35 million accounts and over 1,700 partners.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.