Innovation Milestone with WisdomTree

Treasury Digital Fund

We’re excited to be part of a key milestone in WisdomTree’s proposed Short-Term Treasury Digital Fund (WTSY) that seeks to track the Solactive 1–3 Year Treasury Bond Index. The fund, available on WisdomTree Prime, uses Securrency’s blockchain-based, compliance-aware tokenization technology.

What makes this fund unique is that Securrency keeps the primary record of share ownership for the fund on its books and records while keeping a secondary record of the shares on either the Steller or Ethereum blockchain. With its multi-chain functionality, this fund is truly novel.

This fund is the result of a number of years of WisdomTree R&D with Securrency, Securrency Transfers, and State Street Bank and Trust Company. By taking a “responsible DeFi” approach, WisdomTree aims to create a better investor experience. This is a great example of a leading financial innovator and first-mover leading the way in accelerating the digital assets marketplace. We’re proud to innovate with WisdomTree!

Dan Doney

CTO and Co-Founder, Securrency