WisdomTree Granted New York Trust Charter to Launch Regulated Stablecoins and Crypto Custody
• WisdomTree granted trust company charter by New York DFS, allowing it to launch WisdomTree Prime in NY • Charter authorizes WisdomTree to perform fiduciary custody of digital assets and manage stablecoin reserves • Will initially issue WisdomTree Gold Token and WisdomTree Dollar Token in Prime, under DFS framework • Charter based on bank-grade regulation, offers enhanced customer protections and ability to lead industry • WisdomTree Prime offers integrated ecosystem to save, spend and invest, bringing financial life on-chain