SEC Approves WisdomTree for Round-the-Clock Trading of Tokenized Mutual Fund
The SEC has granted WisdomTree exemptive relief, enabling continuous 24/7 trading for its regulated tokenized mutual fund, marking a significant step for RWA liquidity.
Regulator
SEC
Issuer
WisdomTree
Asset Type
Regulated tokenized mutual fund
Action
Exemptive relief for 24/7 trading
The Securities and Exchange Commission issued exemptive relief to WisdomTree. This approval allows the firm to facilitate round-the-clock trading for its regulated tokenized mutual fund. The decision addresses operational constraints typically associated with traditional market hours for digital asset products.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.