JPMorgan Chase Launches First Ethereum-Based Tokenized Money Market Fund
2025-12-16 / Read about 0 minute
Author:小编   

JPMorgan Chase's asset management arm launched its first Ethereum-based tokenized money market fund—the My OnChain Net Yield Fund (MONY)—on December 15, 2025. Operating on JPMorgan's proprietary tokenization platform, Kinexys Digital Assets, this private fund is open to qualified investors and aims to enhance asset liquidity and settlement efficiency through blockchain technology. MONY transforms traditional money market products into on-chain tokens, allowing investors to subscribe and redeem using cash or stablecoins, with daily interest payments. JPMorgan's move marks an acceleration of traditional financial institutions' foray into tokenized finance, driving deeper integration between digital assets and traditional finance.