$ETH The era of institutional RWAs is officially here.

JPMorgan has launched its first tokenized fund on public Ethereum — the MONY fund — with an initial investment of $100 million. This tokenized money market fund is backed by U.S. Treasuries and repo agreements, and supports subscriptions in cash or USDC.

When a bank managing $40 trillion puts core financial products on a public blockchain, the signal is undeniable. Ethereum’s role as the go-to platform for institutional RWA is now firmly reinforced.

#JPMorgan #Ethereum #RWA #Tokenization #InstitutionalCrypto

$USDC

ETH

2,925.01

-0.36%

USDC

1

-0.01%