US-based asset manager WisdomTree has launched 24/7 trading and instant settlement for the WisdomTree Treasury Money Market Digital Fund (WTGXX). This innovation marks the first instance of a tokenized mutual fund registered under the Investment Company Act of 1940 capable of continuous secondary trading under US regulations. The structure provides investors with real-time access to short-term US Treasury yield-bearing assets by enabling instant blockchain-based settlement of shares. This represents a regulated step in integrating blockchain into traditional finance.
Tokenized US Treasurys. Source: RWA.xyz
WisdomTree WTGXX 24/7 Trading Feature Technical Details
WisdomTree subsidiaries received exemptions from the SEC; affiliated broker-dealer WisdomTree Securities obtained FINRA approval for principal trading in fund shares. This is a critical threshold in aligning tokenized assets with traditional regulations. Instant settlement occurs via smart contracts and eliminates traditional T+1/T+2 settlement periods.
Liquidity Provision and Institutional Access Methods
Liquidity will be provided through broker-dealer inventory; the fund’s primary issuance and redemption process remains unchanged. For institutional users, 24/7 transactions with USDC stablecoin are now possible via the WisdomTree Connect platform. This offers a structure similar to DeFi liquidity pools, drawing institutional capital to blockchain. Continuous dividend accrual has been introduced; daily income will be distributed based on average holding time in verified wallets.
WTGXX Fund Structure and Risk Profile
WTGXX invests in short-term US Treasury bills (T-bills) and targets a constant $1 net asset value (NAV). However, there is no government guarantee; yields depend on market conditions. This stablecoin-like structure stands out as a secure example of RWA (Real World Assets) tokenization. It promises low volatility and high liquidity for investors.
Explosive Growth of Tokenized Money Market Funds
Tokenized money market funds (PMF) are growing rapidly. According to RWA.xyz data, total assets reached $9 billion from $770 million at the end of 2023. Leaders are as follows:
- BlackRock BUIDL: 2.17 milyar dolar
- Franklin Templeton FOBXX: 901 milyon dolar
- WisdomTree WTGXX: 730 milyon dolar
This growth strengthens the RWA sector and may accelerate integration of projects like ALT detailed analysis.
ALT Technical Analysis and Key Levels in RWA Growth
The RWA trend is impacting crypto projects tied to tokenized assets. PRIMARY COIN ALT current status: Price $0.01, 24h change +0.00%, RSI 31.30 (oversold), overall trend downward. Supertrend bearish, EMA 20: $0.0085.
| Supports | Level | Score | Distance | Sources |
|---|---|---|---|---|
| S1 | $0.0068 | 71/100 (⭐ STRONG) | -7.73% | S3, Fibo 0.000, Donchian Lower |
| S2 | $0.0072 | 65/100 (⭐ STRONG) | -2.31% | S1, Prev Day Low, BB Lower, Sto |
| Resistances | Level | Score | Distance | Sources |
|---|---|---|---|---|
| R1 | $0.0074 | 66/100 (⭐ STRONG) | +0.41% | Prev Day Close, Doji, R1 |
| R2 | $0.0137 | 64/100 (⭐ STRONG) | +85.89% | Fibo 0.618, HVN 4, Prev Day Close, D |
ALT futures should be monitored via ALT futures; there is recovery potential with RWA growth. Experts are awaiting buy signals at supports below RSI 30.
Market Impacts of WTGXX Development
This step brings tokenized treasuries into the mainstream, bringing the RWA market closer to $10 billion. Investors should monitor alongside ALT spot analysis; regulated products may increase crypto liquidity.
Source: https://en.coinotag.com/wisdomtree-wtgxx-launches-247-trading-tokenized-fund-firsts
