WisdomTree Partners With MoonPay to Embed Tokenized Fund WTGXX

โดย Insider Monkey·US·Read original
Summary · why it matters

WisdomTree announced a landmark partnership with crypto infrastructure provider MoonPay on September 17, embedding its tokenized money market fund WTGXX directly into MoonPay's consumer app and stablecoin reserve framework. The deal gives WisdomTree access to a network spanning over 35 million accounts and 1,700 integration partners, a distribution footprint its proprietary broker-dealer, WisdomTree Securities, could not replicate independently, according to Chief Executive Officer Jonathan Steinberg. The digital push builds on a core business that closed the second quarter of 2026 with a record $162.9 billion in assets under management, its sixth consecutive quarterly record and up from $126.1 billion a year earlier, while operating revenue rose 11.1% sequentially to $177.2 million and operating margin expanded 780 basis points year-over-year to 40.5%. Those gains were partly obscured by balance sheet cleanup, as the firm recognized $68.9 million in losses on convertible note repurchases in the first half of 2026, driving a $23.1 million net loss in the first quarter and lifting the six-month effective tax rate to 51.9%. Short interest stands at 17.34% of float and the stock trades at a forward P/E of 17.30 as of September 24, leaving what the article describes as a balanced risk-reward profile with tokenization upside largely unvalued.

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WisdomTree Inc.
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Partnership with MoonPay embeds its tokenized WTGXX fund into an app network of 35M+ accounts and 1,700 partners, expanding distribution.

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