WisdomTree and MoolaPay Expand Access to WTGXX Tokenized Fund

WisdomTree and MoolaPay have partnered to offer the tokenized money market fund, WisdomTree Treasury Money Market Digital Fund (WTGXX), to eligible U.S. investors. In a press release on July 17, WisdomTree announced it would leverage MoolaPay's technology and platform to establish access points for individual investors. MoolaPay, with over 35 million accounts and more than 1,700 partners, will support WisdomTree's retail investor reach. The WisdomTree press release also stated that WTGXX will be utilized in managing MoolaPay's stablecoin reserves.

Jonathan Steinberg, founder and CEO of WisdomTree, said, "We are able to provide eligible U.S. investors with another pathway to allocate assets into WTGXX." Caroline D. Pham, head of MoolaPay's institutional division, stated that the collaboration between the two firms could improve investor experience in the U.S. regulatory market and products.