|˙꒳˙) Maybe I'll buy XLM The U.S. Securities and Exchange Commission (SEC) has officially announced that it has granted a special exemption allowing asset management firm WisdomTree to operate its digital fund under unique trading rules. The specific details are as follows: Key Points Explained ✅ Fund in Scope • The fund in question is the “WisdomTree Treasury Money Market Digital Fund.” • This is a **money market fund (MMF) that issues tokenized shares (beneficiary securities) on a blockchain**. ✅ What Has Been Approved? • Typically, investment funds such as MMFs trade based on their net asset value (NAV), calculated only once at the end of each trading day. • Under this new exemption, investors can now buy and sell shares directly with dealers at any time during the day at a fixed price of **$1 per share**, without waiting for the end-of-day NAV calculation (permitting secondary trading on the secondary market). ✅ What Are the Benefits? • By leveraging blockchain technology, settlement times are significantly faster than those of traditional investment funds. • Continuous trading during market hours enhances liquidity (ease of conversion to cash). ---- In short: This is an important development—regulatory relief has been granted to enable a new type of blockchain-based investment fund (digital MMF) to trade more **rapidly** and **flexibly** (with intraday trading), free from traditional constraints.