JPMorgan Introduces Tokenized Money Market Fund on Ethereum
Banking giant JPMorgan has unveiled its first tokenized money market fund (MMF) based on Ethereum. The product, My OnChain Net Yield Fund, with the ticker MONY, is issued through the bank’s proprietary platform, Kinexys Digital Assets. It is structured as a private placement fund 506(c) and targets qualified investors. These investors can subscribe to it […]
