Check out the latest news on WisdomTree and MoonPay expanding US access to tokenized funds.
Frequently Asked Questions
FAQs WisdomTree and MoonPay Expand Access to Tokenized Funds in the US
Beginner Questions
1 Whats the big news here
WisdomTree and MoonPay teamed up so US users can buy tokenized versions of WisdomTree funds directly through MoonPays app and platform
2 What is a tokenized fund in plain English
Its a regular investment fund whose shares are also issued as digital tokens on a blockchain You get the same underlying exposure just in a digital wrapper
3 Do I actually own a real fund share
Yes The token represents a real interest in the fund The blockchain part is just how its recorded and transferred
4 What can I buy right now
Tokenized versions of select WisdomTree funds including money market and equity offerings Availability can vary so check MoonPay for the current lineup
5 Can anyone in the US buy these
Access is limited to eligible US users who complete MoonPays identity verification Some states or investor types may be excluded
6 How is this different from buying a normal ETF
You buy through MoonPay instead of a brokerage and the fund share exists as a token The economics are similar the plumbing is different
7 Why would I want this instead of a regular fund
Faster settlement 247 trading potential and the ability to hold and move the token in a crypto wallet
8 Is my money safe
The funds themselves are regulated US products with standard custodians The token side adds blockchain and platform risks so its not riskfree
9 What do I need to get started
A MoonPay account completed KYC verification and a supported wallet or MoonPays app Then you can fund and buy
10 What fees should I expect
MoonPay charges transaction fees and the funds charge their own expense ratios Check both before buying
Intermediate Questions
11 What blockchain are these tokens on
WisdomTree has issued tokenized funds on multiple chains including Ethereum and Stellar The specific chain depends on the product
12 Are these tokens the same as crypto
No Theyre securities tokens backed by regulated fund shares not speculative coins Different rules different risks
13 Can I trade them 247
The token