The US SEC approves WisdomTree's application for exemption on tokenized money market fund

SmartContractAuditor · 2026-02-24T11:36:19+00:00

The U.S. SEC issues an exemption order for WisdomTree's tokenized money market fund, allowing investors to trade shares intraday at a price of $1 per share, enhancing trading efficiency and settlement experience, marking a flexible operation of tokenized funds under current regulations.

SmartContractAuditor

2026-02-24 11:36:19

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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) through a dealer at a price of $1 per share during trading hours, 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 achieves faster settlement speeds compared to traditional models. 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.

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