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Stock impact report

WisdomTree Prime® Unveils New Earn-Until-You-Spend Functionality with Money Market Fund

WisdomTree, Inc. (WT) 
Company Research Source: Business Wire
Enables the linking of yield-bearing investment to WisdomTree Prime Visa® Debit Card NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced the ability for users to select the WisdomTree Government Money Market Digital Fund (WTGXX) as a spending source for their WisdomTree Prime Visa® Debit Card.While, traditionally, a low to no yield checking account is used to fund debit card spend, WisdomTree Prime users can now tap their yield bearing money market fund balances to fund debit card spending1. WTGXX investors can earn income, with a current 7-day yield of 4.60%2 until the WTGXX shares are sold to fund spending, strengthening the connection between spending and yield-bearing investments.WisdomTree Prime connects a liquid on-chain investment to spending capabilities, which unlocks utility of real world asset (RWA) tokenization in a new, unique way for eligible customers. Consumers can get the potential benefits of their own cash via an Show less Read more
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