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.

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