Tokenization News: $4T Bank JPMorgan Launches Onchain Fund on Ethereum
JPMorgan Chase, a global bank with $4 trillion of assets under management, is rolling out a tokenized money-market fund on Ethereum, pushing deeper into blockchain-based finance amid growing demand from institutional clients, the Wall Street Journal reported first on Monday. The fund, dubbed My OnChain Net Yield Fund (MONY) is seeded with $100 million from...
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