JPMorgan launches tokenized money market fund on Ethereum as Wall Street moves onchain
JPMorgan Chase is taking another concrete step into blockchain-based finance, rolling out a tokenized money market fund on the Ethereum network. The initiative introduces the My OnChain Net Yield Fund, or MONY, seeded with an initial $100 million and framed as evidence that Wall Street is moving onchain. For observers tracking tokenization’s trajectory, a mainstream […]