JPMorgan Launches Ethereum-Based Tokenized MONY Fund for Qualified Investors

JPMorgan Chase is launching MONY, an Ethereum-based tokenized money-market fund, offering qualified investors on-chain yield and liquidity. Seeded with $100 million, it targets high-net-worth individuals and institutions starting Tuesday, building on the bank's digital asset innovations for stable, tokenized returns. MONY fund launches with $100 million seed from JPMorgan, accessible to investors with $5 million [...]