WisdomTree and MoonPay Partner to Offer Tokenized Treasury Fund to 35 Million Users

WisdomTree and MoonPay announced a partnership that will let U.S. investors purchase shares of WisdomTree’s tokenized government money‑market fund, WTGXX, through MoonPay’s consumer platform. MoonPay will also use the fund as part of the reserve backing for its stablecoin offerings.

Access point for retail investors

The collaboration creates a new distribution channel that routes a registered U.S. money‑market fund through a crypto‑focused app rather than traditional broker‑dealer routes. While both firms said the integration is forthcoming, no specific launch date was provided.

Fund size and market position

WTGXX held $1.23 billion in assets, making it the fifth‑largest tokenized Treasury product and the largest among WisdomTree’s seven tokenized funds. The broader tokenized Treasury market totals about $15.40 billion, with Securitize and Ondo each managing $2.7 billion, Circle $2.6 billion, and Franklin Templeton $2.5 billion.

Reserve‑management role

MoonPay will incorporate WTGXX into the reserve management of its stablecoin business. This moves part of the cash backing from traditional bank deposits and Treasury bills into a fund whose shares are recorded on‑chain. The exact proportion of reserves allocated to the fund was not disclosed.

Previous tokenized‑fund collaborations

MoonPay previously integrated Franklin Templeton’s BENJI tokenized money‑market fund for stablecoin‑to‑fund swaps aimed at institutional users. The new WisdomTree arrangement adds a reserve‑management dimension to the distribution model.

Broader tokenization trend

WisdomTree has been expanding its tokenized‑fund offerings across crypto‑native platforms, including launches on Solana and integrations with DeFi lender Lotus and Stable Sea. WTGXX invests in U.S. Treasury obligations and money‑market securities, targeting income while preserving capital and liquidity.