WisdomTree targets 35M MoonPay accounts with WTGXX

• WisdomTree has partnered with MoonPay to develop a new US access route for its tokenised Treasury money market fund, WTGXX.
• MoonPay’s network has more than 35 million accounts, giving eligible US investors another planned route to the fund.
• MoonPay also plans to use WTGXX for stablecoin reserves, linking a regulated money market fund with digital-asset infrastructure.

WisdomTree has partnered with MoonPay to expand US access to its WisdomTree Treasury Money Market Digital Fund, known as WTGXX.

WisdomTree is building an access point through MoonPay’s technology and platform, with the service aimed at eligible US investors once it launches.

“Money moves differently today, and investing needs to keep pace,” said Jonathan Steinberg, Founder and CEO of WisdomTree.

MoonPay has more than 35 million accounts and serves over 1,700 enterprise partners, giving WisdomTree another distribution channel beyond its existing direct routes.

MoonPay also plans to use WTGXX as part of its stablecoin reserve management, although the companies have not disclosed an allocation or start date.

WTGXX is a tokenised money market mutual fund that invests in government securities, cash and related short-term instruments while seeking to maintain a $1 share price.

The collaboration has also created a potential framework for additional tokenised fund products, although WisdomTree and MoonPay have not announced specific future products or launch dates.