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 (BATS: 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. Read the full story at The Block.