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Cryoport Reports First Quarter 2026 Financial Results

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First quarter revenue grew 16% year-over-year to $47.8 millionCommercial cell and gene therapy (CGT) revenue grew 26% year-over-year to $9.1 million, reflecting continued expansion in approved CGT programsLife Sciences Services revenue increased 18% year-over-year, led by 21% growth in BioStorage/BioServices Life Sciences Products revenue increased 15% year-over-year, driven by strong demand for cryogenic systems Supporting a record 766 global clinical trials and 21 commercially approved CGTs as of March 31, 2026Company raises full-year revenue guidance to $192 million – $196 million

NASHVILLE, Tenn., May 4, 2026 /PRNewswire/ — Cryoport, Inc. (NASDAQ: CYRX) (“Cryoport” or the “Company”), a leading global provider of integrated temperature-controlled supply chain solutions for the life sciences, today announced financial results for its first quarter (Q1) of 2026.

Jerrell Shelton, CEO of Cryoport, commented, “Cryoport delivered a strong start to 2026 with first-quarter revenue of $47.8 million, up 16% year-over-year, reflecting a continuation of our momentum over the past several quarters across our integrated services and products platform. Revenue in support of commercial Cell and Gene Therapies (CGT) grew 26% to $9.1 million, while clinical trial support revenue grew 18% to $12.9 million. We continue to support one of the industry’s broadest CGT pipelines, and our leadership across both clinical and commercial programs positions us well for sustainable growth.

“Our Life Sciences Services segment delivered another strong quarter, with revenue increasing 18% year-over-year, including 21% growth in BioStorage/BioServices. This performance reflects the increasing scope and complexity of the Cell & Gene Therapy programs we support and underscores the critical role we play in supporting our clients with our integrated, temperature-controlled supply chain services.

“Our Life Sciences Products segment also performed very well, generating 15% revenue growth, driven by global demand for MVE Biological Solutions’ cryogenic systems. MVE continues to innovate and further solidify its position as the global leader in high-quality cryogenic systems.

“This growth across both our reporting segments, combined with solid gross margins and continued operational discipline, drove a $2.2 million year-over-year improvement in adjusted EBITDA from continuing operations, advancing us meaningfully along our “pathway to profitability.”

“Looking ahead, we see multiple growth catalysts extending beyond 2026, including the planned launch of BioServices operations at our Global Supply Chain Center in Paris, France in the third quarter, and the planned opening of our new Global Supply Chain Center in Santa Ana, California in the fourth quarter. These strategic investments expand our global footprint in key geographies and further strengthen our ability to support the advancement and commercialization of life-saving therapies globally. Reflecting on our strong performance in the first quarter and increased visibility into the remainder of the year, we are raising our full-year revenue guidance to $192 million to $196 million,” concluded Mr. Shelton.

The following table presents Q1 2026 revenue compared with Q1 2025:

Cryoport, Inc. and Subsidiaries

Revenue 

Three Months Ended
March 31,
(unaudited)

(in thousands)

2026

2025

% Change

Life Sciences Services

$              26,898

$              22,865

18 %

BioLogistics Solutions

21,668

18,531

17 %

BioStorage/BioServices 

5,230

4,334

21 %

Life Sciences Products

$              20,900

$              18,175

15 %

Total Revenue

$              47,798

$              41,040

16 %

BioLogistics Solutions revenue increased 17% year-over-year in Q1 2026, driven by increasing customer activity, continued commercial product maturation, and clinical advancement within the CGT market. BioStorage/BioServices revenue grew 21% year-over-year, reflecting strong demand for our expanded, integrated services offering, which provides seamless, secure handling of temperature-sensitive materials across our global network.

Revenue from the support of commercial CGTs increased 26% year-over-year to $9.1 million and as of March 31, 2026, the number of commercial therapies we support increased to 21.

As of March 31, 2026, Cryoport supported a total of 766 global clinical trials, a net increase of 55 clinical trials over March 31, 2025, with 91 of these clinical trials in Phase 3. The number of trials by phase and region are as follows: 

Cryoport Supported Clinical Trials by Phase

Clinical Trials

March 31,

2024

2025

2026

Phase 1

286

304

318

Phase 2

312

328

357

Phase 3

77

79

91

Total

675

711

766

Cryoport Supported Clinical Trials by Region

Clinical Trials

March 31,

2024

2025

2026

Americas

518

544

569

EMEA

112

118

143

APAC

45

49

54

Total

675

711

766

In Q1 2026, four Biologics License Applications (BLA) / Marketing Authorization Applications (MAA) filings occurred. During the first quarter, Cryoport’s customer, Rocket Pharmaceuticals, received U.S. Food and Drug Administration (FDA) accelerated approval for their gene therapy KRESLADI™ for the treatment of pediatric patients with severe leukocyte adhesion deficiency-I (LAD-I). Severe LAD-I is an ultra-rare, life-threatening pediatric genetic immunodeficiency characterized by recurrent infections and high early-childhood mortality without treatment. For the balance of 2026, we anticipate another 10 possible BLA/MAA application filings and 8 additional new therapy approvals.

Operational milestones

Life Sciences Services

BioServices launch at our Global Supply Chain Center in Paris, France, expected in Q3, 2026.Continued progress toward the launch of our state-of-the-art Global Supply Chain Center in Santa Ana, California, expected in Q4, 2026.First cryopreserved clinical trial patient materials shipped in Q1 for two of our clients at our IntegriCell® facilities in Belgium and the U.S.Cryoport Systems named Best Logistics & Supply Chain Management Supplier – Digital Technology & Software at the 2026 Asia Pacific Biopharma Excellence Awards in Singapore.

Life Sciences Products

MVE Biological Solutions (MVE) introduced its new Fusion® 800 Series, the next evolution of MVE’s patented, award-winning Fusion technology, a self-sustaining cryogenic freezer that eliminates the need for a continuous liquid nitrogen (LN₂) supply feed, delivering exceptional reliability, safety, and sustainability in a compact footprint designed for space-constrained environments.Release of MVE HE (High Efficiency) cryogenic storage systems series integrated with the new MVE CryoVerse™ Connect Controller platform.

Financial Highlights

On June 11, 2025, the Company completed the divestiture of its CRYOPDP specialty courier business to DHL Group as part of a strategic partnership. The results of CRYOPDP, a former business within Cryoport’s Life Sciences Services segment, are presented as discontinued operations for all periods and are excluded from the non-GAAP financial measures in this release.

Revenue

Total revenue for Q1 2026 was $47.8 million, compared to $41.0 million for Q1 2025, a year-over-year increase of 16%, or $6.8 million. Life Sciences Services revenue for Q1 2026 (representing 56% of our total revenue) was $26.9 million, compared to $22.9 million for Q1 2025, up 18% year-over-year, including BioStorage/BioServices revenue of $5.2 million, up 21% year-over-year. Life Sciences Products revenue for Q1 2026 (representing 44% of our total revenue) was $20.9 million, compared to $18.2 million for Q1 2025, up 15% year-over-year.

Gross Margin

Total gross margin was 45.8% for Q1 2026, compared to 45.4% for Q1 2025. Gross margin for Life Sciences Services was 48.9% for Q1 2026, compared to 47.9% for Q1 2025. Gross margin for Life Sciences Products was 41.9% for Q1 2026, compared to 42.3% for Q1 2025.

Operating Costs and Expenses

Operating costs and expenses were $31.5 million for Q1 2026, compared to $25.8 million for Q1 2025.

Loss from Continuing Operations

Loss from continuing operations was $9.4 million for Q1 2026, compared to a loss of $6.7 million for Q1 2025.

Net Loss – including Discontinued Operations

Net loss was $10.5 million for Q1 2026, compared to net loss of $12.0 million for Q1 2025.Net loss attributable to common stockholders for Q1 2026 was $12.5 million, or $0.25 per share, compared to net loss attributable to common stockholders of $14.0 million, or $0.28 per share for Q1 2025.

Adjusted EBITDA from Continuing Operations

Adjusted EBITDA from continuing operations was a negative $0.6 million for Q1 2026, compared to a negative $2.8 million for Q1 2025.

Cash, Cash equivalents, and Short-Term Investments

Cryoport held $403.6 million in cash, cash equivalents, and short-term investments as of March 31, 2026.

Note: All reconciliations of GAAP to adjusted (non-GAAP) figures above are detailed in the reconciliation tables included later in the press release.

Additional Information

Further information on Cryoport’s financial results is included in the attached condensed consolidated balance sheets and statements of operations, and additional explanations of Cryoport’s financial performance are provided in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which is expected to be filed with the SEC on May 4, 2026. Additionally, the full report will be available in the SEC Filings section of the Investor Relations section of Cryoport’s website at www.cryoportinc.com.

Earnings Conference Call Information

IMPORTANT INFORMATION: In addition to the earnings release, a document titled “Cryoport First Quarter 2026 in Review”, providing a review of Cryoport’s business update, will be issued at 4:05 p.m. ET on Monday, May 4, 2026. The document is designed to be read in advance of the questions and answers conference call and will be accessible at https://ir.cryoportinc.com/news-events/ir-calendar.

Cryoport management will host a conference call at 5:00 p.m. ET on May 4, 2026. The conference call will be in the format of a questions and answers session and will address any queries investors have regarding the Company’s reported results. A slide deck will accompany the call.

Conference Call Information

Date:

Monday, May 4, 2026

Time:

5:00 p.m. ET

Dial-in numbers:

1-800-717-1738 (U.S.), 1-646-307-1865 (International)

Confirmation code:

Request the “Cryoport Call” or Conference ID: 1191652

Live webcast:

‘Investor Relations’ section at www.cryoportinc.com or click here.


Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software.

The questions and answers call will be recorded and available approximately three hours after completion of the live event in the Investor Relations section of the Company’s website at www.cryoportinc.com for a limited time. To access the replay of the questions and answers click here. A dial-in replay of the call will also be available to those interested, until May 11, 2026. To access the replay, dial 1-844-512-2921 (United States) or 1-412-317-6671 (International) and enter replay entry code: 1191652#.

About Cryoport, Inc.

Cryoport, Inc. (Nasdaq: CYRX) is a leading global provider of integrated temperature-controlled supply chain solutions for the life sciences, with an emphasis on regenerative medicine. We support biopharmaceutical companies, contract manufacturers (CDMOs), contract research organizations (CROs), developers, and researchers with a comprehensive suite of services and products designed to minimize risk and maximize reliability across the temperature-controlled supply chain for the life sciences. Our integrated supply chain platform includes the Cryoportal® Logistics Management Platform, advanced temperature-controlled packaging, informatics, specialized biologistics, biostorage, bioservices, cryopreservation services, and cryogenic systems, which in varying combinations deliver end-to-end solutions that meet the rigorous demands of the life sciences. With innovation, regulatory compliance, and agility at our core, we are “Enabling the Future of Medicine™.” 

Headquartered in Nashville, Tennessee, our company maintains a strong global presence with operations across the Americas, EMEA, and APAC.

For more information, visit www.cryoportinc.com or follow via LinkedIn at https://www.linkedin.com/company/cryoportinc or @cryoport on X, formerly known as Twitter at https://x.com/cryoport for live updates.

Forward-Looking Statements

Statements in this press release which are not purely historical, including statements regarding the Company’s intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, those related to the Company’s industry, business, long-term growth prospects, plans, strategies, acquisitions, future financial results and financial condition, such as the Company’s outlook and guidance for full-year 2026 revenue and the related assumptions and factors expected to drive revenue, projected growth trends in the markets in which the Company operates, the Company’s plans and expectations regarding the launch of new products and services, such as the expected timing and benefits of such products and services launches, the Company’s expectations about future benefits of its acquisitions, and anticipated regulatory filings, approvals, label/geographic expansions or moves to earlier lines of treatment approved with respect to the products of the Company’s clients. Forward-looking statements also include those related to the Company’s expectations about future benefits relating to the CRYOPDP divestiture and strategic partnership with DHL (collectively, the “DHL Transaction”), the Company’s plans regarding its Global Supply Chain Centers, including expected timing of future openings, the Company’s plans and expectations relating to its strategic pivot to expand its global partnerships, and the Company’s expectation of revenue contribution from IntegriCell’s cryopreservation service centers throughout 2026. It is important to note that the Company’s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties associated with the effects of changing economic and geopolitical conditions, supply chain constraints, inflationary pressures, tariffs and other trade restrictions, foreign currency fluctuations, trends in the products markets, any U.S federal government shutdown, variations in the Company’s cash flow, market acceptance risks, and technical development risks. Additional risks and uncertainties relating to the DHL Transaction include, but are not limited to, the risk that any disruption resulting from the DHL Transaction may adversely affect our businesses and business relationships, including with employees and suppliers. The Company’s business could be affected by other factors discussed in the Company’s SEC reports, including in the “Risk Factors” section of its most recently filed periodic reports on Form 10-K and Form 10-Q, as well as in its subsequent filings with the SEC. The forward-looking statements contained in this press release speak only as of the date hereof and the Company cautions investors not to place undue reliance on these forward-looking statements. Except as required by law, the Company disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release.

Cryoport, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

Three Months Ended
March 31,
(unaudited)

(in thousands, except share and per share data)

2026

2025

Revenue

Life Sciences Services revenue

$                   26,898

$                   22,865

Life Sciences Products revenue

20,900

18,175

Total revenue

47,798

41,040

Cost of revenue:

Cost of services revenue

13,747

11,920

Cost of products revenue

12,138

10,479

Total cost of revenue

25,885

22,399

Gross margin

21,913

18,641

Operating costs and expenses:

Selling, general and administrative

27,620

21,901

Engineering and development

3,907

3,934

Total operating costs and expenses:

31,527

25,835

Loss from operations

(9,614)

(7,194)

Other income (expense):

Investment income

3,090

1,573

Interest expense

(432)

(583)

Other expense, net

(2,368)

(300)

Loss before provision for income taxes

(9,324)

(6,504)

Provision for income taxes

(108)

(234)

Loss from continuing operations

$                   (9,432)

$                   (6,738)

Loss from discontinued operations, net

(1,112)

(5,243)

Net loss

$                 (10,544)

$                 (11,981)

Paid-in-kind dividend on Series C convertible preferred stock

(2,000)

(2,000)

Net loss attributable to common stockholders

$                 (12,544)

$                 (13,981)

Net loss per share attributable to common stockholders – basic and diluted

$                     (0.25)

$                     (0.28)

Weighted average common shares issued and outstanding – basic and diluted

49,897,817

49,947,012

 

Cryoport, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

March 31,

December 31,

2026

2025

(in thousands)

(unaudited)

Current assets

Cash and cash equivalents

$                     272,912

$                     250,494

Short-term investments

130,722

160,714

Accounts receivable, net

39,004

33,359

Inventories

21,750

23,188

Prepaid expenses and other current assets

6,147

8,419

Total current assets

470,535

476,174

Property and equipment, net

89,805

85,448

Operating lease right-of-use assets

39,299

39,720

Intangible assets, net

138,721

138,082

Goodwill

22,137

22,400

Deposits

2,046

2,092

Deferred tax assets

1,066

1,073

 Total assets 

$                     763,609

$                     764,989

Current liabilities

Accounts payable and other accrued expenses                                         

$                       15,937

$                       15,283

Accrued compensation and related expenses

17,007

12,980

Deferred revenue

2,314

943

Current portion of operating lease liabilities

3,641

4,133

Current portion of finance lease liabilities

419

422

Current portion of convertible senior notes, net

185,390

185,094

Current portion of notes payable

159

163

Total current liabilities

224,867

219,018

Notes payable, net

1,027

1,087

Operating lease liabilities, net

39,173

39,078

Finance lease liabilities, net

680

741

Deferred tax liabilities

1,580

1,354

Other long-term liabilities

663

444

Contingent consideration

630

629

Total liabilities

268,620

262,351

Total stockholders’ equity

494,989

502,638

Total liabilities and stockholders’ equity

$                     763,609

$                     764,989

Note Regarding Use of Non-GAAP Financial Measures

To supplement our financial statements, which are presented on the basis of U.S. generally accepted accounting principles (GAAP), the following non-GAAP measure of financial performance as defined in Regulation G of the Securities Exchange Act of 1934 is included in this release: adjusted EBITDA from continuing operations. Non-GAAP financial measures are not calculated in accordance with GAAP, are not based on any comprehensive set of accounting rules or principles and may be different from non-GAAP financial measures presented by other companies. Non-GAAP financial measures, including adjusted EBITDA from continuing operations, should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.

Adjusted EBITDA from continuing operations is defined as loss from continuing operations adjusted for net interest expense, income taxes, depreciation and amortization expense, stock-based compensation expense, acquisition and integration costs, cost reduction initiatives, investment income, unrealized loss on investments, foreign currency loss, changes in fair value of contingent consideration and charges or gains resulting from non-recurring events, as applicable.

Management believes that adjusted EBITDA from continuing operations provides a useful measure of Cryoport’s operating results, a meaningful comparison with historical results and with the results of other companies, and insight into Cryoport’s ongoing operating performance. Further, management and the Company’s board of directors utilize adjusted EBITDA from continuing operations to gain a better understanding of Cryoport’s comparative operating performance from period to period and as a basis for planning and forecasting future periods. Adjusted EBITDA from continuing operations is also a significant performance measure used by Cryoport in connection with its incentive compensation programs. Management believes adjusted EBITDA from continuing operations, when read in conjunction with Cryoport’s GAAP financials, is useful to investors because it provides a basis for meaningful period-to-period comparisons of Cryoport’s ongoing operating results, including results of operations, against investor and analyst financial models, helps identify trends in Cryoport’s underlying business and in performing related trend analyses, and it provides a better understanding of how management plans and measures Cryoport’s underlying business.

Cryoport, Inc. and Subsidiaries

Reconciliation of GAAP loss from continuing operations to adjusted EBITDA

(unaudited)

Three Months Ended
March 31,

2026

2025

(in thousands)

GAAP loss from continuing operations

$          (9,432)

$            (6,738)

Non-GAAP adjustments to loss:

Depreciation and amortization expense

6,402

6,134

Acquisition and integration costs

1

Cost reduction initiatives

216

Investment income

(3,090)

(1,573)

Unrealized loss on investments

2,105

193

Foreign currency loss

454

245

Interest expense, net

432

583

Stock-based compensation expense

2,395

3,064

Change in fair value of contingent consideration

15

(5,178)

Income taxes

108

234

Adjusted EBITDA from continuing operations

$             (611)

$            (2,819)

 

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SOURCE Cryoport, Inc.

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Waterdrop Inc. to Report Second Quarter 2026 Financial Results on September 8, 2026

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BEIJING, Aug. 25, 2026 /PRNewswire/ — Waterdrop Inc. (NYSE: WDH) (“Waterdrop” or the “Company”), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2026, before U.S. markets open on Tuesday, September 8, 2026.

Waterdrop’s management team will hold a conference call on September 8, 2026 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows:

International:

1-412-317-6061

United States Toll Free:

1-888-317-6003

Hong Kong:

852-58081995

Mainland China:

4001-206115

Entry Number:

5895694

Please dial in 15 minutes before the call is scheduled to begin and provide the Elite Entry Number to join the call.

Telephone replays will be accessible two hours after the conclusion of the conference call through September 15, 2026 by dialing the following numbers:

United States Toll Free:

1-855-669-9658

International Toll:

1-412-317-0088

Replay Access Code:

6264481

Additionally, live and archived webcasts of the conference call will be available at the Company’s investor relations website at http://ir.waterdrop-inc.com/.

About Waterdrop Inc.

Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare services with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare services to billions through technology. For more information, please visit www.waterdrop-inc.com.

For investor inquiries, please contact

Waterdrop Inc.
IR@shuidi-inc.com

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SOURCE Waterdrop Inc.

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Yoodli named in the 2026 Gartner® Market Overview for B2B Sales AI Role-Play Applications report

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Yoodli sees its inclusion in the first Gartner Market Overview dedicated to sales AI roleplay applications as a signal of the category’s emergence as a distinct market

SEATTLE, Aug. 25, 2026 /PRNewswire/ — Yoodli, the AI experiential learning platform for enterprise sales training, manager coaching, and communications development, today announced it has been named as a point solution in the Gartner’s Market Overview for B2B Sales AI Role-Play Applications, published August 7, 2026. Read more about the recognition on the Yoodli blog: https://yoodli.ai/blog/yoodli-named-in-the-2026-gartner-market-overview-for-b2b-sales-ai-role-play-applications-report

Gartner defines sales AI role-play applications as “software that uses AI to simulate realistic business conversations.” Solutions in this category help organizations scale coaching, strengthen seller engagement, and accelerate skill development through personalized, repeatable practice against defined sales methodologies and communication standards.

In Yoodli’s view, the report matters because it treats sales AI roleplay applications as specialized solutions in their own right, separate from broader learning management systems and revenue enablement platforms, at a moment when buyer interest in the category is climbing.

“We believe this report confirms what our customers already know: AI roleplay is not a feature bolted onto an enablement suite, it’s a category of its own,” said Varun Puri, CEO and co-founder of Yoodli. “Enterprises come to Yoodli because their teams need a safe, always-on environment to practice high-stakes conversations before they happen. We’re proud to be recognized as this market takes shape.”

Yoodli’s platform is built around the capabilities that define the category: natural language understanding, customizable AI personas, no-code scenario builders, and automated scoring and feedback on both content and delivery. Admin-defined scoring rubrics grade against an organization’s own sales methodology, buyer personas and personality traits are fully configurable, and enterprise-grade security and governance are built in from day one.

Yoodli is also investing in areas it believes will differentiate vendors as the category matures, including conversation intelligence integration through its recently launched Post-Call Coaching with Gong, multilingual roleplays for global teams, and real-time, in-simulation coaching.

Yoodli is trusted by enterprise teams at organizations including ServiceNow, Databricks, Sky, Lyra Health, and Visiting Media to scale communication skills across sales, customer success, and leadership development.

To learn more about Yoodli or request a demo, visit yoodli.ai.

Gartner, Market Overview for B2B Sales AI Role-Play Applications, Bill Yetman, Rachael Buchler, Shayne Jackson, Doug Bushée, August 7, 2026.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

About Yoodli

Yoodli is an AI-powered experiential learning platform that helps people practice and improve communication skills through personalized AI roleplays, adaptive coaching, and real-time feedback. Trusted by enterprises worldwide, Yoodli enables learners to build confidence, measure progress, and perform when it matters most. Learn more at yoodli.ai or visit us on LinkedIn.

Media Contact:
Sage Quiamno
press@yoodli.ai
+18082321321

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Stable Sea Expands WisdomTree Relationship With Two New Tokenized Funds for Business Cash

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WTSIX and FLTTX join WTGXX on Stable Sea Terminal, allowing eligible business users access to three tokenized, SEC-registered funds with low minimums via WisdomTree Securities, Inc.

SAN FRANCISCO, Aug. 25, 2026 /PRNewswire/ — Stable Sea today announced it is expanding its strategic relationship with WisdomTree (NYSE: WT), a global asset manager with more than $150 billion in assets under management, by adding two new tokenized funds to Stable Sea Terminal: the WisdomTree Short-Duration Income Digital Fund (WTSIX) and the WisdomTree Floating Rate Treasury Digital Fund (FLTTX). The newly added funds build upon current access to the WisdomTree Treasury Money Market Digital Fund (WTGXX) on Stable Sea Terminal that began in April 2026, giving finance teams a choice of tokenized, SEC-registered funds to manage operating cash directly inside their treasury workflow.

The Opportunity: Idle Cash Meets a Fast-Growing Market

US businesses collectively hold more than $5 trillion in cash and cash-equivalent accounts that generate minimal to no interest, even as the infrastructure to deploy that cash has matured significantly. Tokenized real-world assets (RWAs), led by U.S. Treasury and money market products, have grown from roughly $6 billion in early 2025 to more than $31 billion by mid-2026, according to industry tracker RWA.xyz, a more than fivefold increase in about 18 months. Tokenized Treasury and money market products alone now account for more than $15 billion of that total, as industry-leading asset managers, including WisdomTree, bring institutional-grade, SEC-registered products onchain.

Despite that growth, most of the benefit has flowed to large institutions, crypto-native firms, and high-net-worth investors. Businesses that fall outside of these sectors  — those managing payroll, vendor payments, and working capital rather than a trading desk — have largely been left out, limited not by demand but by high investment minimums, multiple account requirements, and manual back-office processes.

“US businesses collectively hold more than $5 trillion in cash and cash equivalent accounts that earn minimal to no interest, and most of them have no simple way to change that,” said Tanner Taddeo, CEO and Co-Founder of Stable Sea. “Adding WTSIX and FLTTX gives finance teams real choice — not just a single yield-bearing option, but a ladder of tokenized funds they can match to the cash flow needs of their business. That’s the same kind of cash segmentation large treasury desks have used for decades, now available to any operator inside one platform.”

WisdomTree Funds Accessible Through Stable Sea Terminal

Stable Sea Terminal gives finance teams a single cash management platform where they can choose to put idle cash to work across various tokenized funds. With this expansion, eligible Terminal users may choose among three tokenized WisdomTree funds, each with different investment objectives and characteristics:

WisdomTree Treasury Money Market Digital Fund (WTGXX)  An SEC-registered money market fund investing in short-term, U.S. Treasury securities, with daily dividend accrual, a 0.25% expense ratio, $1 minimum and SEC yield (7-day) of 3.46%.* WisdomTree Floating Rate Treasury Digital Fund (FLTTX) An SEC-registered fund that seeks to track an index, before expenses, of floating-rate US Treasury obligations, with a 0.05% expense ratio, $25 minimum, and SEC yield (30-day) of 3.75%*. WisdomTree Short-Duration Income Digital Fund (WTSIX) An actively managed fund seeking income consistent with preservation of capital, with a 0.40% expense ratio, $25 minimum, and SEC yield (30-day) of 4.41%.*

“Businesses of every size are looking for ways to put idle cash to work, and onchain yield-generation gives them access to financial products once reserved for institutional treasury desks,” said Will Peck, Head of Digital Assets at WisdomTree. “Bringing WTSIX and FLTTX to the Stable Sea Terminal extends that access to a new audience, in a format built for how finance teams already operate, rather than asking them to adapt to new infrastructure.”

Built To Allow Access for Businesses,  Including those Historically Locked Out

High minimums have long put institutional-grade cash management out of reach for the smallest and least-resourced businesses; a gap that falls hardest on groups that already face steeper barriers to capital. Women-owned businesses, for example, typically start with roughly half the capital of male-owned peers ($75,000 vs. $135,000, on average), and are more likely to rely on personal savings and credit cards rather than a business line of credit to manage cash flow, according to Federal Reserve Small Business Credit Survey data cited by the National Women’s Business Council. Despite this, women-owned businesses now number more than 14 million and generate an estimated $2.7 trillion in annual revenue.

“Women business owners already start with less capital and lean more heavily on personal savings and credit cards just to keep the lights on,” said Corinne Goble, CEO of the Association of Women’s Business Centers. “When institutional-grade cash management tools are gated behind six- and seven-figure minimums, the businesses that could benefit most from a few extra points of yield are the ones locked out of it. Lowering that floor so a $25 balance can potentially earn a similar yield as a $10 million one is a meaningful step toward leveling that playing field for the entrepreneurs our centers serve every day.”

How It Works

Access to WTSIX and FLTTX is made available through the same integrated workflow Stable Sea already uses for WTGXX: eligible Stable Sea Terminal users establish a relationship with WisdomTree Securities, Inc., an SEC-registered broker-dealer, enabling them to place orders to buy or sell funds from the Stable Sea dashboard.

Stable Sea Terminal is available today. Businesses can sign up at stablesea.com to move, manage, and grow treasury capital,  onchain and off,  from a single platform.

Sign up at: stablesea.com

*Yield figures for WTGXX, FLTTX, and WTSIX are as of August 21, 2026, and are variable, not guaranteed, and will change with market conditions, including changes in interest rates and credit ratings.  Performance data shown represents past performance and is no guarantee of future results.  Current performance may be higher or lower than that quoted.  Income and/or dividends are not guaranteed. 

Carefully consider the investment objectives, risks, charges, and expenses of each Fund before investing. There are risks associated with investing, including possible loss of principal.

You could lose money by investing in the Funds. Although WTGXX seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Funds is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Funds’ adviser is not required to reimburse the Funds for losses, and you should not expect that the adviser will provide financial support to the Funds at any time, including during periods of market stress.

WTGXX, FLTTX, and WTSIX are distributed by WisdomTree Securities, Inc., Member FINRA. Blockchain technology is a relatively new and untested technology, with little regulation; potential risks include vulnerability to fraud, theft, or inaccessibility, and future regulatory developments could affect its viability.

About Stable Sea

Stable Sea is the simplest way for global businesses to move, manage, and grow capital onchain and off. Stable Sea Terminal gives finance teams a single place to move capital via stablecoins, earn yield through tokenized real-world assets, and access institutional-grade digital assets — combining onchain efficiency with enterprise-grade controls. For more information, visit stablesea.com.

Stable Sea is not a broker-dealer, does not provide investment advice and does not determine which fund is appropriate for any customer.

About WisdomTree

WisdomTree is a global financial innovator, offering a diverse suite of exchange-traded products (ETPs), models and solutions, private market investments and digital asset-related products. Our offerings empower investors to shape their financial future and equip financial professionals to grow their businesses. Leveraging the latest financial infrastructure, we create products that emphasize access and transparency and provide an enhanced user experience. Building on our heritage of innovation, we offer next-generation digital products and services related to tokenized real-world assets and stablecoins, as well as our institutional platform, WisdomTree Connect™, and blockchain-native digital wallet, WisdomTree Prime®*, and have expanded into private markets through the acquisition of Ceres Partners’ U.S. farmland platform.

* The WisdomTree Connect institutional platform and WisdomTree Prime digital wallet and digital asset services are made available through WisdomTree Digital Movement, Inc., a federally registered money services business, state-licensed money transmitter and financial technology company (NMLS ID: 2372500) or WisdomTree Digital Trust Company, LLC, and may be limited where prohibited by law. WisdomTree Digital Trust Company, LLC is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business. Visit https://wisdomtreeconnect.com, https://www.wisdomtreeprime.com or the WisdomTree Prime mobile app for more information.

WisdomTree currently has approximately $197.3 billion in assets under management globally, inclusive of assets managed by Ceres Partners, LLC as of the last reportable period.

WisdomTree Securities, Inc. serves as distributor to the Funds and as an application way broker-dealer and it does not provide investment advice and does not determine which fund is appropriate for any customer. For more information about WisdomTree, WisdomTree Connect and WisdomTree Prime, visit: https://www.wisdomtree.com.

Please visit us on X at @WisdomTreeNews.

WisdomTree® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide.

PRODUCTS AND SERVICES AVAILABLE VIA WISDOMTREE CONNECT AND WISDOMTREE PRIME:

NOT FDIC INSURED | NO BANK GUARANTEE | NOT A BANK DEPOSIT | MAY LOSE VALUE | NOT SIPC PROTECTED | NOT INSURED BY ANY GOVERNMENT AGENCY

The products and services available through WisdomTree Connect and the WisdomTree Prime app are not endorsed, indemnified or guaranteed by any regulatory agency.

About the Association of Women’s Business Centers

The Association of Women’s Business Centers (AWBC) is a national 501(c)(3) organization and the leading voice and resource for igniting the economic power of women’s entrepreneurship. AWBC advocates for and supports a network of more than 140 Women’s Business Centers (WBCs) across the United States. Through this network, entrepreneurs receive access to free coaching, networking opportunities, small business resources, training, and other tools to help them start, grow, and succeed.

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SOURCE Stable Sea

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