Plume pilots tokenized payroll with Toku and WisdomTree, converting employee wages into yield-bearing WTGXX shares

Plume has launched a “first-of-its-kind” payroll pilot that lets employees automatically receive part of their salary in tokenized shares of WisdomTree’s money market fund WTGXX, instead of only in cash. The program is built with payroll provider Toku and asset manager WisdomTree, and is initially limited to eligible Plume employees in jurisdictions where WisdomTree’s tokenized products are available. The pilot routes a portion of each participating employee’s net pay directly into regulated, yield‑bearing WTGXX fund shares at the moment payroll is processed, so that the funds start accruing yield from payday without the employee having to buy crypto, use an exchange, or manually move money onchain. Plume uses WisdomTree Connect to purchase the corresponding fund shares and deliver them to employees’ verified WisdomTree Prime wallets, while Toku’s infrastructure plugs into existing payroll systems so the employer’s standard salary calculations and compliance processes remain unchanged. Participation is voluntary and subject to KYC and wallet verification, and the structure is designed to keep a clear separation between payroll delivery and the employee’s investment choice, framing tokenized money market funds as a new type of onchain financial “destination” rather than a replacement for payroll itself. This initiative is being positioned as a reference model for how tokenized real‑world assets (RWAs) can be embedded into everyday financial workflows, not just trading or investment platforms. It aims to demonstrate that regulated tokenized funds can be distributed via familiar channels like payroll, potentially reducing friction for retail access to yield‑bearing products and highlighting a concrete, compliant use case for RWA rails that large institutions and Web3 firms can replicate.

✨ AI-generated background, compiled from web sources — not editorial content.

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