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JP Morgan to launch $100-million token fund on Ethereum: Report
short by Ishita Ranganath / on Monday, 15 December, 2025
JPMorgan Chase's $4 trillion asset-management division will be launching its first tokenised money-market fund, named My OnChain Net Yield Fund or 'MONY', on Ethereum blockchain, reported Wall Street Journal report. The bank will initially seed the vehicle with $100 million capital before opening it to external investors from December 16. The minimum investment size is set at $1 million.
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