WisdomTree And MoonPay Expand US Access To Tokenized Funds

TL;DR WisdomTree is integrating MoonPay into its tokenized-fund platform. MoonPay says its ecosystem reaches more than 30 million registered accounts. The partnership includes access to WisdomTree’s WTGXX tokenized money market fund. WisdomTree is making it easier for retail users to reach its tokenized investment products by plugging MoonPay’s payment infrastructure directly into WisdomTree Prime. The collaboration gives MoonPay’s 30 million-plus registered accounts another route into blockchain-based investment products, including WisdomTree’s Government Money Market Digital Fund, WTGXX. This is not a new stablecoin. It is a regulated money market fund whose ownership and distribution use blockchain infrastructure. Tokenized Funds Need Better On-Ramps Tokenization has spent years sounding more complicated than it needs to. At its simplest, the idea is straightforward: take an existing financial product and represent ownership using blockchain rails. The harder part is getting ordinary users into those products. Opening bank accounts, moving money to crypto wallets and understanding blockchain transactions creates friction. MoonPay’s role is to remove some of that. By integrating ...