JPMorgan To Rival BlackRock, Goldman Sachs With $100M Tokenized Money Market Fund

Benzinga · Dec 15, 2025 20:14

JPMorgan Chase & Co.(NYSE:JPM) has launched its first tokenized money-market fund onEthereum(CRYPTO: ETH), marking a significant step in Wall Street's push toward on-chain finance.

JPMorgan Launches Tokenized Money Fund

JPMorgan's asset-management arm is rolling out its first tokenized money-market fund, branded My OnChain Net Yield Fund, or MONY, the Wall Street Journal reported on Monday.

The private fund will run on the Ethereum blockchain and is seeded with $100 million of JPMorgan's own capital.

The bank supports the product through its Kinexys Digital Assets platform and will offer it to qualified...

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