Stable Sea partners with WisdomTree on tokenized treasury product for businesses

Stablecoin management platform Stable Sea has partnered with U.S. asset manager WisdomTree to offer corporate clients a yield product based on tokenized treasury bonds, The Block reported. Through the collaboration, companies using Stable Sea can deposit their operating funds into WisdomTree's tokenized money market fund (WTGXX) to generate interest income. The fund invests in U.S. Treasury bonds and is structured to maintain a net asset value (NAV) of $1 per share.