- WisdomTree has launched the first registered tokenized mutual fund in the U.S. to offer 24/7 trading under a new regulatory-approved structure.
- The fund provides instant settlement via broker-dealer inventory and uses USDC for transactions, offering investors continuous access to yield from short-term U.S. Treasurys.
- The tokenized money market fund sector has grown explosively, now holding nearly $9 billion in assets according to the Bank for International Settlements.
WisdomTree has initiated 24/7 trading for its tokenized Treasury fund, leveraging SEC and FINRA approvals to create a novel around-the-clock, instantly settling investment product for U.S. investors. This development marks a significant step in the real-world asset tokenization movement, providing continuous access to a yield-bearing product that invests in short-term U.S. government debt.
The company said this is the first instance a registered tokenized mutual fund has been permitted to trade continuously under the Investment Company Act of 1940. Consequently, the model allows shares to settle instantly through a broker-dealer’s principal inventory, giving investors real-time exposure.
Initially available to institutional users via WisdomTree Connect, transactions will use USDC as the settlement asset. Meanwhile, the fund, which seeks to maintain a $1 net asset value, features continuous dividend accrual based on how long tokens are held in verified wallets.
The sector for such products has seen tremendous growth. On Nov. 26, the Bank for International Settlements described tokenized money market funds as an emerging onchain yield product, estimating assets had climbed to nearly $9 billion from roughly $770 million at the end of 2023. According to RWA.xyz data, BlackRock’s USD Institutional Digital Liquidity Fund leads with about $2.17 billion, followed by Franklin Templeton’s OnChain U.S. Government Money Fund at roughly $901 million.
This expansion followed the passage of the GENIUS Act in July 2025, which restricted interest-bearing stablecoins. Lawmakers are now debating the CLARITY Act, where the treatment of stablecoin yield remains a key point of contention.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
