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Paul L.

JPMorgan debuts $100M tokenized money market fund on Ethereum; access Dec 16

JPMorgan Asset Management launched its first tokenized money market fund on the Ethereum blockchain, according to The Wall Street Journal on December 15. The private My OnChain Net Yield Fund will be seeded with $100 million of JPMorgan capital and opens to external investors on December 16, with a $1 million minimum and eligibility thresholds for qualified individuals and institutions.
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