JPMorgan officially announces the launch of its first tokenized money market fund on the Ethereum network, marking the Wall Street giant's continued expansion into crypto and on-chain finance.
It is reported that the fund will be supported by JPMorgan's own funds, with an initial seed size of approximately $100 million, to test the feasibility of tokenized assets in traditional financial products.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
JPMorgan officially announces the launch of its first tokenized money market fund on the Ethereum network, marking the Wall Street giant's continued expansion into crypto and on-chain finance.
It is reported that the fund will be supported by JPMorgan's own funds, with an initial seed size of approximately $100 million, to test the feasibility of tokenized assets in traditional financial products.