J.P. Morgan, with assets of $4 trillion, launches a money market fund on platform #Ethereum
J.P. Morgan has launched a tokenized money market fund on platform #إيثيريوم , allowing institutional clients access to cash-like financial instruments on the blockchain, backed by traditional assets.
Facts:
📈 Issued by the largest bank in the world (with assets estimated at around $4 trillion)
📈 Built on platform #ETH , not on a private blockchain
📈 Designed to manage real institutional cash liquidity
📈 Part of J.P. Morgan's growing platform #blockchain
#إيثيريوم is no longer marketed to institutions; instead, institutions are already developing their solutions on it. 🏦
ETHUSDT
Perp
2,946.71
+0.21%