JPMorgan just launched a $100 million fund on Ethereum. And that's just the beginning. 👀
Today JPMorgan officially launched JLTXX its second tokenized money market fund. Live on the public Ethereum blockchain. Right now. 🔥
Here's what makes this different from everything before 👇
JLTXX invests only in US Treasury securities and overnight repurchase agreements and stablecoin issuers can use it directly as compliant reserve assets under the GENIUS Act.
Stablecoin companies can now hold JPMorgan's Treasury fund as reserves. On blockchain. Earning yield. 24/7. ⚡
The tokenized real-world asset market has now grown to $32.2 billion with tokenized US Treasury products making up the largest share at $15.9 billion.
And JPMorgan is leading that charge. With $4.3 trillion in assets under management. 💰
Think about what's happening right now 👇
BlackRock on Ethereum. JPMorgan on Ethereum. Morgan Stanley on Ethereum.
The three biggest names in global finance all chose the same blockchain. 🏦
That's not a coincidence. That's a verdict.
Is $ETH becoming the backbone of global finance? Drop it below 👇
♻️ Repost so your network understands what's being built right now.
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