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

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.

Piyasa Fırsatı
FUND Logosu
FUND Fiyatı(FUND)
$0.0105
$0.0105$0.0105
0.00%
USD
FUND (FUND) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Solana Mobile launches builder grants program with up to $10K per team

Solana Mobile launches builder grants program with up to $10K per team

The post Solana Mobile launches builder grants program with up to $10K per team appeared on BitcoinEthereumNews.com. Key Takeaways Solana Mobile launched a new builder grants program, offering up to $10,000 per team for mobile-focused dApps. The program is in partnership with Colosseum and runs alongside the Solana Cypherpunk Hackathon, from September 25 to October 30, 2025. Solana Mobile today launched a builder grants program offering up to $10,000 per team for mobile-focused decentralized applications, partnering with Colosseum to support developers creating mobile-optimized dApps. The program runs alongside Colosseum’s ongoing Solana Cypherpunk Hackathon, which extends from September 25 to October 30, 2025. Teams must indicate mobile focus in their hackathon submissions to qualify for evaluation. Selected teams receive $10,000 grants along with marketing support and launch assistance for applications that integrate or optimize for mobile devices. Grants are awarded after submission to teams developing dApps for the Solana dApp Store. Colosseum has allocated over $2.5 million in pre-seed funding to winners of the current Cypherpunk Hackathon, which emphasizes tracks including consumer apps and infrastructure, with prizes from ecosystem partners. Source: https://cryptobriefing.com/solana-mobile-builder-grants-program-launched/
Paylaş
BitcoinEthereumNews2025/09/26 04:11
U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan

U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan

The post U.S. Banks Near Stablecoin Issuance Under FDIC Genius Act Plan appeared on BitcoinEthereumNews.com. U.S. banks could soon begin applying to issue payment
Paylaş
BitcoinEthereumNews2025/12/17 02:55
Turmoil Strikes Theta Labs with New Legal Allegations

Turmoil Strikes Theta Labs with New Legal Allegations

Cryptocurrency often sees its fair share of lawsuits, with many concluding without much ado. However, a fresh legal battle has surfaced involving a well-known altcoin
Paylaş
Coinstats2025/12/17 03:06