💼 JPMorgan Launches Tokenized Money Market Fund on Ethereum
JPMorgan has introduced a tokenized money market fund (MONY) on the Ethereum blockchain, backed by $100M of its own capital. The fund offers daily interest and represents a significant institutional embrace of blockchain asset tokenization — even with a $1M minimum investment. �
ETH
2,927.99
-0.51%
XRP
1.8655
-1.16%
PIPPINUSDT
Perp
0.48138
+12.16%
#InstitutionalCrypto #Ethereum #Tokenization #Blockchain #Finance