JPMorgan Launches MONY Fund on Ethereum Blockchain

Popular investment banking giant JPMorgan Chase has moved further into the crypto ecosystem with a tokenized market fund. This is in a bid to bring blockchain technology to an investing staple, which is the money-market fund. JPMorgan Plans to Open Fund to the Public With up to $4 trillion in Assets Under Management (AuM), JPMorgan is utilizing the Ethereum (ETH) blockchain to roll out its first tokenized money-market fund. According to a Wall Street Journal (WSJ) report, it plans to start with a $100 m ...