WisdomTree gets SEC approval for round-the-clock trading of tokenized MMF
WisdomTree has received approval from the SEC to launch a tokenized money market fund (MMF) that allows for 24/7 trading. This marks a significant development in the integration of cryptocurrency and traditional finance, as it enables investors to trade the fund at any time, unlike conventional MMFs that operate during standard market hours. The tokenized MMF aims to provide enhanced liquidity and accessibility for investors. WisdomTree's initiative reflects a growing trend of financial institutions exploring blockchain technology to innovate investment products.
Read the full article: Coin Telegraph