$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
ETH
2,824.14
-4.07%
USDC
1.0002
+0.02%