J.P. Morgan decided to make a big move in the world of finance: they launched a new fund called MONY – My OnChain Net Yield Fund, and this is the first tokenized money market fund on the Ethereum network.
What's the story?
The bank pumped 100 million dollars as a starting amount from its own pocket.
From Tuesday, December 16, 2025, the fund will be open to qualified large investors.
Who can enter?
If you are an individual, you need to have at least 5 million dollars in investable assets.
If it's an institution, the minimum is 25 million dollars.
Why is this important?
Transactions and settlements will be instantaneous on the blockchain, not through the slow old systems.
Daily profits will be distributed directly in the form of tokens.
This step confirms that Wall Street is rapidly heading towards tokenization, like BlackRock, Goldman Sachs, and Fidelity.
The big picture
JP Morgan holds assets worth 4 trillion dollars, which means any move from it impacts the entire market.
This fund is a practical experiment of how blockchain can enter traditional financial tools like money market funds.
Why is this a strategic shift? ⚖️
It reduces operational costs.
It increases transparency for investors.
And it puts the bank in direct competition with the big players who have already adopted tokenization.
The summary
JP Morgan, with the MONY step, tells the world: "Traditional money is fully transitioning to digital." This means we are entering a new era, one with speed, transparency, and investment tools that look completely different from what we are used to.
