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BitGo to Integrate WisdomTree Tokenized Money Market Fund into Institutional Custody and Settlement Platform

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BitGo to Integrate WisdomTree Tokenized Money Market Fund into Institutional Custody and Settlement Platform

BitGo Bank & Trust, National Association (“BitGo Bank & Trust”), an OCC-regulated digital asset trust bank and a subsidiary of BitGo Holdings, Inc. (“BitGo”), the digital asset infrastructure company, announced that eligible institutional clients will be able to access the WisdomTree Treasury Money Market Digital Fund (“WTGXX” or the “Fund”) directly through BitGo Mint.

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The integration brings a tokenized, yield-bearing government money market fund into the institutional digital-asset environment where BitGo clients already custody, settle and manage their assets. Clients will be able to move between cash and WTGXX on-platform, reallocate beneficial interests peer-to-peer through BitGo’s Go Network.

Rather than requiring institutions to move assets across separate platforms and providers, the integration will make WTGXX available within BitGo’s custody and settlement infrastructure alongside digital assets that clients may already hold at BitGo Bank & Trust.

Through BitGo Mint, eligible clients will be able to access WTGXX and submit purchase and redemption instructions through BitGo Bank and Trust, move between USD, supported stablecoins and fund shares without separately onboarding with WisdomTree. WTGXX will join BitGo Mint’s growing suite of supported assets, including USD1 and SoFiUSD.

BitGo Bank & Trust customers holding WTGXX shares will be able to reallocate their beneficial interests in those shares peer-to-peer between eligible BitGo clients via Go Network, BitGo’s settlement network.

“Institutions should not have to move assets across multiple platforms to access tokenized financial products,” said Mike Belshe, CEO and Co-founder of BitGo.


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