Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) announced that its Division of Investment Management has issued an exemption to WisdomTree for its tokenized money market fund, WisdomTree Treasury Money Market Digital Fund. Under this exemption, investors can buy and sell shares of the money market fund (MMF) at $1 per share during trading hours through a dealer, without being limited by the fund’s daily net asset value (NAV). The fund issues tokenized shares on the blockchain. This regulatory exemption allows investors to continuously trade tokenized fund shares with dealers during trading hours and achieve faster settlement speeds compared to traditional methods. The SEC added that this move provides operational flexibility for tokenized fund products within the current regulatory framework, helping to improve trading efficiency and settlement experience.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Empery Digital Reduced 60 BTC Holdings Last Week for Stock Buyback, Total Holdings Decreased to 3,502
Gate News reported that on March 16, Nasdaq-listed bitcoin treasury company Empery Digital disclosed that it reduced holdings of 60 bitcoins last week at an average price of $70,534, bringing its total bitcoin holdings down to 3,502 bitcoins. Additionally, the company disclosed that it has spent approximately $127 million to repurchase over 212,900 shares of common stock to date. Empery Digital stated that it will continue to sell bitcoins as needed in the future to fund additional share repurchases and may repay some outstanding debt.
GateNews9m ago
BlackRock's First Ethereum Staking ETF Listed on NASDAQ, Figment Provides Validator Node Services
BlackRock's iShares Staked Ethereum Trust ETF (ETHB) launched on Nasdaq on March 16, offering staking rewards. Figment is responsible for validator node infrastructure, supporting Ethereum network security and transaction validation. ETHB's launch stems from policy support and regulatory clarity, attracting more investors to participate in Ethereum staking, promoting network security and on-chain economic development.
GateNews10m ago
Metaplanet Secures $255M to Grow Corporate Bitcoin Holdings
Tokyo-based Metaplanet has secured $255 million from global investors to build a leading corporate Bitcoin treasury. With additional potential capital of $276 million through warrants, they currently hold 35,102 BTC. The firm is also investing in digital asset infrastructure, notably partnering with JPYC Inc. to enhance Bitcoin services in Japan.
TodayqNews27m ago
WTI crude oil fell 3% intraday, now at $96.27 per barrel
Gate News report: On March 16, WTI crude oil (West Texas Intermediate crude oil futures) fell 3.00% intraday, now trading at $96.27 per barrel.
GateNews40m ago
TradFi Fall Alert: XTIUSD (WTI Crude USOIL) Falls Over 4%
Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews40m ago
Spot silver breaks through the $80 level
Gate News reported that on March 16, spot silver prices broke through the $80/ounce mark.
GateNews55m ago
