Core Insights - JPMorgan's asset management division has launched its first tokenized money market fund, named My OnChain Net Yield Fund (MONY), marking its entry into the blockchain finance space alongside other Wall Street institutions [1][2] Group 1: Fund Details - MONY is a private fund supported by JPMorgan's tokenization platform, Kinexys Digital Assets, and is open to qualified investors who can earn yields while holding tokens on the blockchain [1][2] - The minimum investment for this tokenized product is set at $1 million, with JPMorgan planning to invest $100 million of its own capital as initial funding before opening it to external investors [1][2] Group 2: Industry Context - JPMorgan is deepening its involvement in the tokenization sector, which involves converting traditional assets such as stocks, bonds, or private loans into blockchain-based tokens [1][2] - The recent passage of the Genius Act in the U.S., which establishes a regulatory framework for stablecoins, has led to increased activity in blockchain-based investments among financial institutions [1][2] Group 3: Expert Commentary - John Donohue, Global Head of Liquidity at JPMorgan Asset Management, stated that tokenization can fundamentally change the speed and efficiency of transactions, adding new functionalities to traditional products [1][2]
摩根大通推出首只基于以太坊的代币化货币市场基金