WisdomTree partners with MoonPay to offer U.S. investors access to tokenized Treasury fund WTGXX

WisdomTree and MoonPay announced a collaboration on September 17 to build an additional distribution channel for the tokenized Treasury money‑market fund WTGXX aimed at eligible U.S. investors. The partnership will leverage MoonPay’s blockchain infrastructure and its network of more than 35 million accounts and 1,700 partner businesses.

Access route for eligible investors

Under the agreement, MoonPay will provide technology and network access, while WisdomTree will continue to act as the regulated broker‑dealer through WisdomTree Securities, Inc. The arrangement is intended to give U.S. investors another way to purchase WTGXX outside WisdomTree’s existing direct channels. No launch date or specific allocation details have been disclosed.

Use of WTGXX in stablecoin reserves

MoonPay also plans to incorporate WTGXX into its stablecoin reserve management strategy. The fund’s composition—cash, short‑term U.S. Treasury securities, Treasury‑backed repos and registered government money‑market funds—makes it eligible under the GENIUS Act for stablecoin issuers seeking compliant reserve assets. MoonPay has not identified which stablecoin will hold the reserves or the timing of such purchases.

Fund characteristics and recent performance

• WTGXX is an open‑end money‑market mutual fund registered under the Investment Company Act of 1940.
• It aims to maintain a stable $1.00 net asset value per share.
• As of June 30, the fund held 80.9 % of assets in U.S. government obligations and 19.3 % in repurchase agreements.
• Expense ratio: 0.25 % annually.
• Fiscal‑year return through June 30: 3.75 % (vs. 3.90 % for the ICE U.S. 1‑Month Treasury Bill Index).

Regulatory and operational context

WisdomTree has already enabled 24/7 secondary trading and instant settlement for WTGXX, with transactions settling against USDC outside regular market hours. MoonPay holds a New York BitLicense, a Limited Purpose Trust Charter, and money‑transmitter licenses, supporting its U.S. regulatory footprint.

Future outlook

The companies describe the collaboration as a foundation for potential expansion to other tokenized funds and international markets, though no additional products or timelines have been announced.