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JPMorgan launches tokenized money market fund on Ethereum #JPMorgan rolls out tokenized money market fund on #Ethereum , seeding the private vehicle with $100M of its own capital. The My OnChain Net Yield Fund (MONY), built on JPMorgan’s #Kinexys tokenization platform, is open to qualified investors with a $1M minimum, with eligibility starting at $5M for individuals and $25M for institutions. Investors can subscribe via the bank’s Morgan Money portal and receive tokenized holdings in a crypto wallet. 👉 wsj.com/finance/investing/jpmorgan-steps-further-into-crypto-with-tokenized-money-fund-e3535f13
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