JPMorgan Chase is rolling out a tokenized money market fund powered by Ethereum. The fund, which is called My OnChain Net Yield Fund or MONY, launches today. TheJPMorgan Chase is rolling out a tokenized money market fund powered by Ethereum. The fund, which is called My OnChain Net Yield Fund or MONY, launches today. The

JPMorgan Chase Launches Ethereum-Based Money Market Fund for Institutional Investors

2025/12/16 00:14

JPMorgan Chase is rolling out a tokenized money market fund powered by Ethereum.

The fund, which is called My OnChain Net Yield Fund or MONY, launches today.

The fund targets qualified investors, offering U.S. dollar yields. MONY invests solely in U.S. Treasury securities and repurchase agreements backed by them.

Investors can access the fund exclusively through the firm’s Morgan Money platform. They can subscribe or redeem using cash or stablecoins, with daily dividend reinvestment.

The fund positions Chase as the first systemically important bank to launch such a product on a public network.

Says J.P. Morgan Asset Management CEO George Gatch,

“Active management and innovation are at the heart of how we deliver new solutions for investors navigating today’s financial landscape.

By harnessing technology alongside our deep expertise in active management, we’re able to provide clients with advanced, innovative, and cost-effective capabilities that help them achieve their investment goals.”

J.P. Morgan Asset Management manages $4 trillion in assets, spanning equities, fixed income, and liquidity products.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post JPMorgan Chase Launches Ethereum-Based Money Market Fund for Institutional Investors appeared first on The Daily Hodl.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

‘One Battle After Another’ Becomes One Of This Decade’s Best-Reviewed Movies

‘One Battle After Another’ Becomes One Of This Decade’s Best-Reviewed Movies

The post ‘One Battle After Another’ Becomes One Of This Decade’s Best-Reviewed Movies appeared on BitcoinEthereumNews.com. Topline Critics have hailed Paul Thomas Anderson’s “One Battle After Another,” starring Leonardo DiCaprio, as a “masterpiece,” indicating potential Academy Awards success as it boasts near-perfect scores on review aggregators Metacritic and Rotten Tomatoes based on early reviews. Leonardo DiCaprio stars in “One Battle After Another,” which opens in theaters next week. (Photo by Jeff Spicer/Getty Images for Warner Bros. Pictures) Getty Images for Warner Bros. Pictures Key Facts “One Battle After Another” boasts a nearly perfect 97 out of a possible 100 on Metacritic based on its first 31 reviews, making it the highest-rated movie of this decade on Metacritic’s best movies of all time list. The movie also has a 96% score on Rotten Tomatoes based on the first 56 reviews, with only two reviews considered “rotten,” or negative. The Associated Press hailed the movie as “an American masterpiece,” noting the movie touches on topical political themes and depicts a society where “gun violence, white power and immigrant deportations recur in an ongoing dance, both farcical and tragic.” The movie stars DiCaprio as an ex-revolutionary who reunites with former accomplices to rescue his 16-year-old daughter when she goes missing, and Anderson has said the movie was inspired by the 1990 novel, “Vineland.” Most critics have described the movie as an action thriller with notable chase scenes, which jumps in time from DiCaprio’s character’s early days with fictional revolutionary group, the French 75, to about 15 years later, when he is pursued by foe and military leader Captain Steven Lockjaw, played by Sean Penn. The Warner Bros.-produced film was made on a big budget, estimated to be between $130 million and $175 million, and co-stars Penn, Benicio del Toro, Regina Hall and Teyana Taylor. When Will ‘one Battle After Another’ Open In Theaters And Streaming? The move opens in…
Share
BitcoinEthereumNews2025/09/18 07:35
XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

The post XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025? appeared first on Coinpedia Fintech News The XRP price has come under enormous pressure
Share
CoinPedia2025/12/16 19:22
DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

The Dubai Multi Commodities Centre and Crypto.com have announced a partnership to explore on-chain infrastructure for physical commodities including gold, energy, and agricultural products. The collaboration brings together one of the world's leading free trade zones with a global cryptocurrency exchange, signaling serious institutional interest in commodity tokenization.
Share
MEXC NEWS2025/12/16 20:46