WisdomTree Digital Trust Company Granted Charter for Custody of Digital Assets

WisdomTree Secures New York State Charter

WisdomTree, a prominent financial services firm, has been granted a New York state charter to create WisdomTree Digital Trust Company. This development allows the company to provide custodial services for digital assets, including the issuance of stablecoins.

Key Highlights:

• Improved Security: The charter enables WisdomTree to offer fiduciary custody services, enhancing the security of digital assets stored with them.
• Diversification: This move signifies WisdomTree's strategic diversification into the digital asset space, further expanding its offerings.
• Regulatory Approval: Obtaining the state charter highlights the company's compliance with regulations and its commitment to providing trustworthy services.