Asset Manager WisdomTree Partners With NYDFS to Provide Crypto Service

Published 06/02/2024, 09:10
Updated 06/02/2024, 09:15
© Reuters.  Asset Manager WisdomTree Partners With NYDFS to Provide Crypto Service
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Coin Edition -

  • Eleanor Terrett says WisdomTree and the NYDFS are planning to offer crypto-related products.
  • According to sources, the NYDFS is close to approving a Limited Purpose Charter for WisdomTree.
  • A Limited Purpose Trust Charter would allow WisdomTree to act as a depositor or safekeeper for securities in New York.

According to Fox Business journalist Eleanor Terrett, asset manager WisdomTree is working closely with the New York State Department of Financial Services (NYDFS) to offer crypto-related products to customers in New York. According to sources, the NYDFS is close to approving a Limited Purpose Charter for WisdomTree.

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