JPMorgan to Launch Tokenized Money-Market Fund on Ethereum Seeding $100M in Capital: WSJ
JPMorgan Chase’s $4 trillion asset-management division is launching its first tokenized money-market fund on the Ethereum blockchain, in accordance to a Wall Street Journal report. The financial institution will initially seed the automobile with $100 million of its personal capital earlier than opening it to exterior traders from Tuesday. Exclusive: JPMorgan Chase is becoming a…
