MoonPay Integrates $1.2 Billion Tokenized Fund WTGXX into Stablecoin Reserves
Fintech firm MoonPay is partnering with asset manager WisdomTree to expand access to the WisdomTree Treasury Money Market Digital Fund (WTGXX) for U.S. investors. MoonPay will utilize its technology to provide an entry point for the fund across its user base of over 35 million accounts. The company plans to incorporate the $1.2 billion tokenized money market fund into its stablecoin reserve management system. WisdomTree, which manages approximately $176.7 billion in assets, saw WTGXX record $466 million in net inflows over the past 30 days, with potential plans to expand the partnership to other tokenized funds outside the U.S. in the future.
Summaries are written by AI from the original article. Not investment advice.