WisdomTree’s Crypto Expansion in New York

Expanded Custody and Stablecoin Services

WisdomTree, a leading Bitcoin ETF issuer, has obtained a New York State charter that allows it to:

  • Store digital assets securely
  • Offer digital wallet services
  • Issue and exchange approved stablecoins
  • Manage stablecoin reserves

This charter enhances customer protection, particularly in safeguarding assets.

WisdomTree Prime App and Visa Debit Card Launch in New York

The WisdomTree Prime app is now available in New York, alongside the newly introduced WisdomTree Prime Visa Debit Card. This card allows users to:

  • Spend funds from their digital wallet
  • Bridge personal finance and digital asset investing

WisdomTree’s Growth

Will Peck, Head of Digital Assets at WisdomTree, expressed enthusiasm about the company’s progress. The app is now live in 41 states, including New York, Connecticut, and Delaware.

Despite recent price fluctuations, Bitcoin remains strong with a week-over-week gain of nearly 5%.