- SEC relief enables 24/7 trading of registered tokenized fund shares for WisdomTree.
- Instant settlement removes T+1 delays and reduces cash drag.
- Continuous dividend accrual tracks interest using blockchain timestamps.
WisdomTree Inc. has taken a major step toward modernizing traditional finance by launching 24/7 trading for its tokenized Treasury fund. This launch enables investors to buy and sell shares of the WisdomTree Treasury Money Market Digital Fund (WTGXX) anytime. This also lets them settle their trades instantly instead of waiting for the usual market timelines.
The move became possible after the US Securities and Exchange Commission granted special regulatory relief, allowing the fund’s registered tokenized shares to trade 24/7 within existing US laws. With support from FINRA, investors can now trade the fund against USDC and move into yield-generating Treasury assets within seconds.
WisdomTree Expands Digital Asset Push
WisdomTree has reportedly received special approval from the US Securities and Exchange Commission (SEC), allowing its tokenized money market fund shares to trade 24 hours a day and seven days a week. This launch comes under the existing rules of the Investment Company Act of 1940. WisdomTree Head of Digital Assets, Will Peck, stated,
“Instant settlement has been one of the true promises of blockchains and RWA tokenization. We’re grateful for the constructive engagement with the SEC and FINRA, including the grant of exemptive relief and regulatory approvals necessary to bring this innovation to market. This is a true innovation and improvement in the investor experience, and it demonstrates how blockchain can serve as a new set of rails for capital markets. We’re thrilled to bring this feature forward for our tokenized money market fund.”
Notably, this SEC approval makes it possible for investors to buy and sell the WisdomTree Treasury Money Market Digital Fund (WTGXX). This fund now offers round-the-clock liquidity through WisdomTree’s affiliated broker-dealer. Investors can trade the fund against the USDC stablecoin, issued by Tether, making the process faster and more flexible.
Instead of the usual T+ settlement delay seen in traditional markets, transactions of the WTGXX funds on WisdomTree happen immediately. It allows customers to move their funds into yield-earning Treasury assets in real time and avoid idle cash sitting uninvested.
To make this possible, multiple WisdomTree entities worked together to secure regulatory approval from the SEC. In addition, the Financial Industry Regulatory Authority (FINRA) approved WisdomTree Securities to expand its activities to include principal trading of registered fund shares.
This regulatory coordination represents one of the most significant structural changes in fund markets since the launch of ETFs, opening the door for more innovation in tokenized finance.
Unveiling Continuous Dividend Tracking for WTGXX
Along with 24/7 trading, WisdomTree has launched continuous dividend accrual for its WTGXX. In simple terms, this means that investors earn interest based on exactly how long they hold the fund’s tokens. The system uses blockchain timestamps to track when tokens move from one wallet to another. This ensures each holder receives their fair share of that day’s income.
Interestingly, this development marks a significant shift from traditional money market funds, where dividend calculations usually happen once a day and may not account for intraday transfers. With this new structure, even peer-to-peer transfers between verified wallets won’t interrupt an investor’s earned interest.
