SEC Grants Exemption for WisdomTree Treasury Money Market Digital Fund Tokenized Shares

The U.S. Securities and Exchange Commission's Division of Investment Management has granted an exemption to WisdomTree's Treasury Money Market Digital Fund, allowing investors to trade the fund's blockchain-issued tokenized shares with dealers at a fixed $1 per share throughout the trading day, Odaily Planet Daily reports. The exemption removes the requirement to transact at the fund's daily net asset value. The SEC said the move provides regulatory flexibility for tokenized fund products within the existing framework while enabling faster settlement compared with traditional models.