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WisdomTree and MoonPay Partner on US Access to Tokenized Money Market Fund

WisdomTree and MoonPay are working to expand US access to WisdomTree’s $1.2 billion WTGXX tokenized money market fund. MoonPay plans to include the fund in its stablecoin reserves, Cointelegraph reported.

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WisdomTree and MoonPay Partner on US Access to Tokenized Money Market Fund

WisdomTree and MoonPay are partnering to broaden US investor access to WisdomTree’s tokenized money market fund, according to Cointelegraph. MoonPay plans to use the $1.2 billion WTGXX fund as part of its stablecoin reserves under the arrangement. The partnership links a tokenized traditional financial product with stablecoin infrastructure, while supporting wider availability of the fund to investors in the United States. WTGXX is the fund identified in the announcement, and the source did not provide additional details on the timing or specific mechanisms for expanding access. The development is relevant to digital-asset markets because it involves the potential use of a tokenized money market fund within stablecoin reserves, alongside efforts to increase investor access to tokenized financial products.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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