MoonPay and WisdomTree Launch Access to Treasury Fund in Crypto Wallets
Caroline D. Pham, former acting CFTC chairman and CEO of MoonPay Institutional, envisions crypto wallets evolving into comprehensive financial hubs that include checking accounts, savings, stablecoins, tokenized funds, and brokerage services. On September 17, WisdomTree partnered with MoonPay to expand access in the U.S. to its Treasury Money Market Digital Fund (WTGXX), which holds short-term Treasuries. The fund is being integrated into MoonPay’s platform using a continuous trading model approved by the SEC that allows shares to trade and settle around the clock, enabling users to earn money market rates while staying on-chain in their wallets. The minimum investment starts at $1, making it accessible for retail investors who already use crypto wallets. MoonPay plans a phased rollout starting with API access for partners before expanding into other wallet platforms. WisdomTree's Will Peck emphasized that the fund is SEC-registered and functions similarly to traditional money market funds available in brokerage accounts.
Tickers: $WT
Topics: cryptocurrency money market funds tokenized funds wallets