WisdomTree Secures Trust Company Charter from NYDFS
Key Takeaways WisdomTree has been granted a charter by the New York State Department of Financial Services, allowing it to operate as a limited-purpose trust company. The charter enables WisdomTree to launch its personal finance mobile app, WisdomTree Prime, and offer digital asset custody services, including stablecoins. This move positions WisdomTree as a leader in New York’s digital asset space.
Key Takeaways
- WisdomTree has been granted a charter by the New York State Department of Financial Services, allowing it to operate as a limited-purpose trust company.
- The charter enables WisdomTree to launch its personal finance mobile app, WisdomTree Prime, and offer digital asset custody services, including stablecoins.
- This move positions WisdomTree as a leader in New York’s digital asset space.
