The fund is seeded with $100 million and requires a minimum investment of $1 million.
\nTokenized money-market funds offer faster settlement, continuous trading, and onchain ownership visibility.
\nThe tokenized money-market sector has grown to $9 billion in assets over the past year.<\/p>\n
JPMorgan Chase is preparing to deepen its push into blockchain-based finance through a tokenized money-market fund on Ethereum, according to a Wall Street Journal repor<\/a>t published on Monday.<\/p>\n The bank has not formally announced the product, but the report suggests JPMorgan is moving closer to offering onchain versions of traditional cash-management tools as institutional interest in tokenization grows.<\/p>\n The reported initiative comes as large investors look for ways to deploy idle cash more efficiently while maintaining regulatory compliance.<\/p>\n With about $4 trillion in assets under management, JPMorgan\u2019s reported plans highlight how tokenization is evolving from experimental pilots into investment products associated with major global balance sheets.<\/p>\n The proposed fund would enter a fast-growing segment of digital finance where money-market products are increasingly viewed as a bridge between traditional markets and blockchain infrastructure.<\/p>\n The fund, known as My OnChain Net Yield Fund, or MONY, has been seeded with $100 million from JPMorgan\u2019s asset management division, the Wall Street Journal stated.<\/p>\n The product is expected to open to external, qualified investors this week, although no official confirmation has been issued by the bank.<\/p>\n The minimum investment is set at $1 million, keeping the fund focused on institutional participation rather than retail investors.<\/p>\n MONY is designed to operate in line with conventional money-market funds, holding short-term debt instruments and paying interest on a daily basis.<\/p>\n Investors would be able to redeem their shares either in cash or through Circle\u2019s USDC stablecoin, reflecting the growing use of regulated stablecoins in institutional settlement and liquidity management.<\/p>\n JPMorgan has built the reported fund on Kinexys Digital Assets, its in-house tokenization platform, with Ethereum selected as the underlying blockchain, according to the Wall Street Journal.<\/p>\n Tokenized funds record ownership onchain, allowing faster settlement, real-time visibility, and continuous trading beyond standard market hours.<\/p>\n These features are attracting attention from asset managers, trading firms, and treasury desks seeking operational efficiency while continuing to rely on low-risk instruments.<\/p>\n Tokenized money-market funds are also increasingly used within decentralised finance ecosystems as reserve assets and as collateral for trading and asset management.<\/p>\n JPMorgan\u2019s reported plans place it alongside other large financial institutions that have already launched tokenized money-market products.<\/p>\n Franklin Templeton introduced its BENJI fund in 2021, becoming one of the earliest traditional asset managers to adopt blockchain-based fund infrastructure.<\/p>\n BlackRock followed in 2024 with its BUIDL fund, developed with tokenization specialist Securitize, which has since attracted about $2 billion in assets, according to data from RWA.xyz<\/a>.<\/p>\n The post JPMorgan expands blockchain push with tokenized money-market fund on Ethereum<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The fund is seeded with $100 million and requires a minimum investment of $1 million. Tokenized money-market funds offer faster settlement, continuous trading, and onchain ownership visibility. The tokenized money-market sector has grown to $9 billion in assets over the past year. JPMorgan Chase is preparing to deepen its push into blockchain-based finance through a […]<\/p>\n","protected":false},"author":0,"featured_media":5795,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[101],"tags":[],"class_list":{"0":"post-5796","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5796"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5795"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Tokenized money-market fund rollout<\/h2>\n
Why Ethereum and tokenization matter<\/h2>\n
Competition among financial giants<\/h2>\n