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<ul class="news-points"> 
 <li><strong>Eleanor Terrett says WisdomTree and the NYDFS are planning to offer crypto-related products.</strong></li> 
 <li><strong>According to sources, the NYDFS is close to approving a Limited Purpose Charter for WisdomTree.</strong></li> 
 <li><strong>A Limited Purpose Trust Charter would allow WisdomTree to act as a depositor or safekeeper for securities in New York.</strong></li> 
</ul> 
<p>According to Fox Business journalist Eleanor Terrett, asset manager WisdomTree is working closely with the New York State Department of Financial Services (NYDFS) to offer <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/">crypto-related</a> products to customers in New York. According to sources, the NYDFS is close to approving a Limited Purpose Charter for WisdomTree.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">SCOOP: Bitcoin Spot ETF issuer<a href="https://twitter.com/WisdomTreeFunds?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@WisdomTreeFunds</a> is working closely with <a href="https://twitter.com/NYDFS?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@NYDFS</a> to offer <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a>-related products and services to customers in New York. Sources say NYDFS is "very close" to approving a Limited Purpose Trust Charter for WisdomTree which means it will be able to…</p>— Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1754553201167106252?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 5, 2024</a>
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<p>In a recent post on X (formerly Twitter), Terrett noted that the NYDFS approval would allow WisdomTree to conduct digital asset business in the New York state. The journalist highlighted that only nine other firms, …</p>
<p>The post <a href="https://coinedition.com/asset-manager-wisdomtree-partners-with-nydfs-to-provide-crypto-service/">Asset Manager WisdomTree Partners With NYDFS to Provide Crypto Service</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Asset Manager WisdomTree Partners With NYDFS to Provide Crypto Service

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