TechFlow News, April 30: According to Cointelegraph, enterprise treasury management platform Stable Sea has integrated WisdomTree’s tokenized U.S. Treasury money market fund WTGXX onto its platform, enabling corporate clients to allocate idle funds into the fund to earn returns. As of April 28, WTGXX’s total assets under management stood at $857.6 million, with a daily yield of 3.43%.
WTGXX primarily invests in short-term U.S. Treasury securities; its shares are recorded on-chain, supporting faster settlement and automated trading. Stable Sea’s core functionality automatically pools corporate cash balances into yield-generating instruments; this integration extends that capability into the realm of tokenized funds. Clients remain subject to standard compliance review procedures.
Currently, tokenized money market funds are accelerating institutional adoption. WisdomTree has received SEC approval for 24/7 trading of WTGXX; Franklin Templeton, in collaboration with Binance, is advancing the use of tokenized fund shares as over-the-counter (OTC) collateral; and Standard Chartered has introduced a framework enabling BlackRock’s tokenized Treasury fund to serve as trading collateral on OKX.
