JPMorgan Chase Launches Ethereum-Based Money Market Fund for Institutional Investors – The Daily Hodl
JPMorgan Chase is rolling out a tokenized money market fund powered by Ethereum. The fund, which is called My OnChain Net Yield Fund or MONY, launches today. The fund targets qualified investors, offering U.S. dollar yields. MONY invests solely in U.S. Treasury securities and repurchase agreements backed by them. Investors can access the fund exclusively...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
