WisdomTree Introduces 24/7 Trading and Instant Settlement for Tokenized Fund Shares
WisdomTree expands its blockchain-based Treasury Money Market Digital Fund with SEC and FINRA approval to enable instant USDC settlement and continuous trading through WisdomTree Connect.
USDC
Fact Check
The most relevant and authoritative evidence indicates that WisdomTree has launched tokenized funds on the Solana blockchain, with the supporting detail that these tokens use stablecoins such as USDC and PYUSD for settlement. The blockchain environment allows for 24/7 trading and near-instant settlement at a technical level, so reports describing those capabilities are plausible and aligned with the underlying technology. However, there is no clear official statement from WisdomTree confirming that such tokenized fund shares are actively being traded 24/7 with instant settlement functionality for investors. The other reviewed materials, including those from SIX, Chainlink, and WisdomTree’s own website, confirm WisdomTree’s engagement in on-chain NAV publication and experimental tokenized products but do not explicitly endorse or announce operational 24/7 trading and instant settlement for live tokenized fund shares. Therefore, while the claim fits the direction and technological framework of WisdomTree’s tokenized fund projects, the evidence remains indirect and slightly inferential rather than conclusively verified.
Summary
WisdomTree announced that its Treasury Money Market Digital Fund will now offer 24/7 trading and instant settlement using USDC. The U.S. Securities and Exchange Commission granted an exemption under the 1940 Act, allowing a dealer-led model, while FINRA approved WisdomTree Securities to facilitate the new structure. Institutional users can access the service via WisdomTree Connect, marking a significant step in integrating blockchain infrastructure with regulated asset management.
Terms & Concepts
- USDC: A U.S. dollar-pegged stablecoin issued by Circle, designed to maintain a 1:1 value with the U.S. dollar and commonly used for digital settlements.
- Stablecoin Settlement: A transaction mechanism that uses stablecoins—cryptocurrencies pegged to fiat currency—for transferring value and completing financial settlements on blockchain networks.
- Tokenization: The process of converting real-world assets, like fund shares, into digital tokens recorded on a blockchain.