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

RWA Signal Insight
U.S. TreasuriesBitGo Bank & Trust has announced the integration of the WisdomTree Treasury Money Market Digital Fund (WTGXX) into its institutional custody and settlement platform, BitGo Mint. This development allows eligible institutional clients to access, purchase, and redeem shares of the tokenized government money market fund directly within their existing regulated banking environment. By eliminating the need to move assets across disparate platforms, the integration streamlines treasury management and operational liquidity for institutional investors. Clients can also reallocate beneficial interests in WTGXX shares peer-to-peer through BitGo's Go Network. This partnership expands the existing relationship between the two firms, which previously focused on the custody of underlying assets for WisdomTree's digital asset exchange-traded products. The move highlights the growing trend of integrating tokenized yield-bearing instruments into established institutional digital asset infrastructure. Ultimately, this integration aims to make institutional cash more productive by enabling seamless transitions between USD, stablecoins, and tokenized fund shares.
Key points
- BitGo Mint will provide direct access to WisdomTree's WTGXX tokenized government money market fund.
- Institutional clients can perform peer-to-peer reallocations of WTGXX shares via the Go Network.
- The integration allows users to manage USD, stablecoins, and fund shares within one platform.
- BitGo Bank & Trust acts as a regulated custodian for the tokenized fund shares.
Background
WisdomTree Onchain provides regulated tokenized funds and blockchain-based financial products for institutional and individual investors. BitGo Bank & Trust is a federally chartered digital asset trust bank that provides institutional-grade custody, settlement, and infrastructure services for digital assets.