The bank is seeding the money-market fund with $100 million of its own capital before opening it to outside investors.
Innovative as the tokenized funds may be for JPMorgan, the bank is actually chasing an existing trend on Wall Street.
The new private fund will run on the Ethereum blockchain and be available to qualified investors.
JPMorgan Chase will begin offering an Ethereum-based, tokenized money-market fund called "MONY" to qualified investors on ...
The $4 trillion U.S. bank is the latest financial giant in rolling out tokenized MMF onchain, joining BlackRock, Franklin ...
JPMorgan's asset management unit is launching a tokenized money market fund tied to the ethereum blockchain.
The bank’s asset-management division, which handles $4 trillion, will start the fund with $100 million of its own money and ...
JPMorgan Chase's (JPM) asset management arm launched a tokenized money-market fund on the Ethereum (ETH-USD) blockchain, amid ...
JPMorgan Chase & Co.’s asset management arm is launching its first ever tokenized money market fund built on Ethereum, ...
JPMorgan Chase’s $4 trillion asset-management division is launching its first tokenized money-market fund on the Ethereum blockchain, according to a Wall Street Journal report.
GENIUS Act push by Wall Street firms to bring money-market strategies and collateral tools onto public blockchains.
JPMorgan introduces a tokenized money-market fund on Ethereum, providing digital access and blockchain settlement for ...
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