Why JPMorgan’s onchain fund is a big signal for Ethereum
JPMorgan has launched a tokenized money market fund on Ethereum, highlighting how regulated cash products may integrate into onchain settlement and collateral workflows.
JPMorgan tokenized a money market fund and launched it on the Ethereum mainnet.
The fund holds US Treasurys and Treasury-backed repos, with daily dividend reinvestment.
Public Ethereum places MONY alongside stablecoins, tokenized treasuries and existing onchain liquidity.