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This post was originally published on this site. JPMorgan Chase is bringing blockchain technology to an investing staple with its first tokenized money-market fund. The $4 trillion banking giant’s asset-management division is seeding the fund with $100 million of its own capital and plans to open it to outside investors…

This post was originally published on this site. JPMorgan Chase & Co. (NYSE:JPM) has launched its first tokenized money-market fund on Ethereum (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…

This post was originally published on this site. Journalist Tanzeel Akhtar Journalist Tanzeel Akhtar Part of the Team Since Feb 2018 About Author Tanzeel Akhtar has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal, Bloomberg, CoinDesk, Bitcoin……

This post was originally published on this site.

This post was originally published on this site. J.P. Morgan Chase is reportedly deepening its blockchain efforts with its first tokenized money market fund. The bank’s asset management unit is deploying the fund on the Ethereum blockchain, the Wall Street Journal (WSJ) reported Monday (Dec. 15), adding that J.P. Morgan…

This post was originally published on this site. American banking giant JPMorgan has unveiled its first tokenized money market fund as part of the institution’s growing push into the blockchain space. The fund being launched by JPMorgan Asset Management, which oversees about $4 trillion in assets, will operate on the…