JPMorgan launches its first tokenized money market fund
By: Cointime
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.
Lock now!
You may also like
Crypto prices
More
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now