WisdomTree integrates MoonPay into tokenized-fund platform

  • WisdomTree is integrating MoonPay into its tokenized-fund platform and WisdomTree Prime.
  • More than 30 million registered accounts are in MoonPay's ecosystem, the company says.
  • WTGXX is WisdomTree's Government Money Market Digital Fund, distributed using blockchain infrastructure.

WisdomTree is integrating MoonPay's payment infrastructure into WisdomTree Prime, making its tokenized investment products more accessible to retail users. MoonPay says its ecosystem includes more than 30 million registered accounts, giving those users another route to blockchain-based products including WisdomTree's Government Money Market Digital Fund, WTGXX. WTGXX is not a stablecoin but a regulated money market fund whose ownership and distribution use blockchain infrastructure. The partnership addresses the onboarding friction around bank transfers, crypto wallets and blockchain transactions by supporting card and bank-transfer infrastructure. Money market funds are an early tokenization use case because they are relatively simple, liquid and backed by familiar financial assets, while blockchain rails can support faster settlement, programmable ownership and digital-wallet integration. WisdomTree is competing with BlackRock, Franklin Templeton and other asset managers as the market shifts from tokenizing funds toward improving distribution.

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