JPMorgan launches first tokenized money market fund on Ethereum
JPMorgan announced the launch of its first tokenized money market fund built on the Ethereum platform. This product allows institutional investors to access a traditional low-risk instrument—similar to T-Bills and money market funds—in an on-chain format featuring instant settlement, transparency, and programmability.
JPMorgan’s new offering paves the way for innovative investing in secure assets by leveraging decentralized technology advantages. This could significantly enhance operational efficiency and transaction speed in financial markets by reducing reliance on intermediaries.
The adoption of such products is expected to drive the digitization of traditional financial instruments and increase institutional investors’ interest in blockchain solutions.
