SEC approves WisdomTree plan for 24/7 trading of tokenized money market fund
CoinDesk
by Helene BraunFebruary 24, 2026
AI-Generated Deep Dive Summary
The U.S. Securities and Exchange Commission (SEC) has approved WisdomTree’s request to allow its Treasury Money Market Digital Fund to trade at $1 per share with instant settlement on blockchain rails, enabling 24/7 trading regardless of the fund’s end-of-day net asset value (NAV). This innovation marks a significant step in the tokenization of traditional financial assets, which has been gaining momentum in recent years. WisdomTree’s fund, previously traded under the ticker WTGXX at NAV, now offers continuous liquidity through a broker-dealer acting as principal, with trades settled instantly using blockchain technology.
This move builds on the growing $10 billion tokenized Treasury market, led by major players like BlackRock and Circle. By allowing real-time trading and dividend accrual based on wallet activity, WisdomTree has introduced a new investor experience that leverages blockchain’s capabilities to enhance efficiency and accessibility. The firm plans to roll out this functionality first to institutional investors via its Connect platform, with potential retail access through its Prime app in the future.
The approval highlights the broader push to integrate blockchain into traditional capital markets, aiming to reduce operational friction and结算 times. Tokenization, which represents financial instruments as digital tokens on a blockchain, allows for near real-time ownership transfers. This trend has already seen significant adoption, with over $10 billion worth of tokenized U.S. Treasuries in circulation, according to data provider rwa.xyz.
WisdomTree’s innovation aligns with efforts by major banks and asset managers to pilot blockchain-based systems for issuing and settling traditional assets. The firm’s approach demonstrates how regulatory compliance can coexist with blockchain
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Originally published on CoinDesk on 2/24/2026