JPMorgan Debuts ‘MONY’ Fund on Ethereum with $100 Million Seed Capital

JPMorgan Chase & Co. announced a big expansion of its blockchain and digital asset initiatives with the launch of a tokenized money market fund. Called the “My OnChain Net Yield Fund” (MONY), it operates on the Ethereum blockchain. JPMorgan’s asset management division, which oversees trillions of dollars in client assets, will initially seed the fund […] Read The Full Article JPMorgan Debuts ‘MONY’ Fund on Ethereum with $100 Million Seed Capital On Coin Edition.