Ethereum Meets Wall Street: JPMorgan Rolls Out Tokenized Fund

JPMorgan Asset Management has introduced a tokenized money-market fund built on the Ethereum blockchain, according to company filings and industry reports.
The fund, called My OnChain Net Yield Fund (MONY), issues shares as digital tokens that live on the public Ethereum network and are aimed at qualified investors through the bank’s Morgan Money platform.JPMorgan Issues Tokenized Fund On Ethereum
Based on reports, MONY holds familiar, low-risk instruments such as US Treasury securities an