WisdomTree Prime Launches in New York with Enhanced Digital Asset Services

WisdomTree Expands in New York

WisdomTree, a notable issuer of Bitcoin ETFs in the United States, has recently announced the expansion of its WisdomTree Prime app to users in the bustling state of New York. Now disabled by recent regulatory approvals, the enhanced services include a wide range of digital asset custody solutions, such as wallet services, stablecoin handling, and managing reserves for DFS-approved stablecoins under its new subsidiary, WisdomTree Digital Trust Company.

New Services for New Yorkers

Complementing the app launch, New York residents will now be able to use the WisdomTree Prime Visa Debit Card, allowing them to make purchases directly from their digital wallets anywhere Visa is accepted, merging the convenience of traditional personal finance with the innovative world of digital asset investing.

Crypto Market Stability

As Bitcoin hovers around the $60,000 mark, despite recent price volatility, it maintains a week-over-week gain of nearly 5%. This economic activity signals New York's significant influence in the digital asset market, witnessed by the deployment of WisdomTree's innovative app and payment solutions there.