JPMorgan launches its first tokenized money market fund
according to The Wall Street Journal, JPMorgan Chase has officially launched its first tokenized money market fund, marking an important step for the banking giant in the application of blockchain technology. The private fund will operate on the Ethereum blockchain and be open to qualified investors. JPMorgan will inject $100 million of its own capital into the fund as startup funding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thea Energy unveils Helios, a fusion power facility modeled after pixel technology
Nvidia is said to be considering increasing H200 output to address rising demand in China
Snapchat launches its annual year-end Recaps
First Voyage secures $2.5 million in funding for its AI assistant designed to support habit formation
Trending news
MoreCrypto prices
More
