WisdomTree Granted Trust Company Charter To Offer Crypto-Related Services in New York

WisdomTree, the global asset manager behind the BTCW Spot Bitcoin Exchange-Traded Fund BTCW, has been granted a charter from the New York State Department of Financial Services to offer crypto-related services in the state. The charter allows WisdomTree to operate as a limited-purpose trust company under the New York Banking Law with enhanced regulatory supervision, according to a statement.

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