WisdomTree Launches 24/7 Trading and Instant Settlement for Tokenized Fund Shares
WisdomTree allows 24/7 trading and immediate settlement for tokenized money market shares via an Ethereum blockchain, reducing settlement from two days to real-time. The rollout positions WisdomTree to expand digital-assets AUM and capture incremental fee revenue through continuous trading of its institutional money market fund.
1. Launch of 24/7 Trading and Settlement
WisdomTree is rolling out around-the-clock trading and immediate blockchain-based settlement for tokenized shares of its institutional USD money market fund. By leveraging a private Ethereum network, the platform cuts traditional T+2 settlement down to real-time transfers and token minting.
2. Market and Strategic Implications
The continuous trading window and instant settlement aim to attract digital-assets investors and drive higher AUM in money market products. This innovation could generate incremental management fee revenue and differentiate WisdomTree from traditional fund managers in the growing tokenized asset space.