đŠ Major Update | JPMorgan Ă Ethereum ($ETH )
JPMorgan launches its first tokenized money market fund on Ethereum ($ETH )
âą Fund name: My OnChain Net Yield Fund (MONY)
âą Live on public Ethereum blockchain
âą Backed by U.S. Treasuries & repo agreements
âą Designed for qualified / institutional investors
âą Earn USD yield while holding on-chain tokens
âą Subscribe & redeem using cash or stablecoins
âą Issued via JPMorganâs Kinexys platform
This marks a major step in real-world asset (RWA) tokenization, showing how traditional finance is moving directly onto public blockchains.
đ TradFi is not fighting crypto â itâs adopting it.