US EditionTokenization News: $4T Bank JPMorgan Launches Onchain Fund on Ethereum
J.P. Morgan's My OnChain Net Yield Fund launched with $100 million, offering qualified investors daily interest and token redemption via cash or USDC on Ethereum.
- On Dec. 15, 2025, J.P. Morgan Asset Management launched My OnChain Net Yield Fund on Ethereum, its first tokenized money-market fund, available to qualified investors via Morgan Money with a $1 million minimum.
- Following precedent set by firms like BlackRock and Franklin Templeton, the tokenized asset market is projected to grow to $18.9 trillion by 2033, according to BCG and Ripple.
- Seeded with $100 million, My OnChain Net Yield Fund is a 506 private placement investing only in U.S. Treasury securities and repurchase agreements, with redemptions via cash or Circle's USDC.
- The bank says the fund will act as a test case, as tokenization enables faster settlement, peer-to-peer transferability via Morgan Money, and potential DeFi collateral use, according to J.P. Morgan.
- Executives added that `Tokenization can fundamentally change the speed and efficiency of transactions,' said John Donohue, while the firm cautioned about blockchain risks in the Private Placement Memorandum.
48 Articles
48 Articles
JPMorgan launches new crypto fund for wealthy investors — after Jamie Dimon called bitcoin a ‘fraud’ and ‘Ponzi scheme’
JPMorgan Chase, whose CEO Jamie Dimon once called bitcoin a "fraud," is now diving into blockchain with its first tokenized money-market fund on the Ethereum network.
JPMorgan unveils its latest crypto move with a new tokenized money market fund
ANGELA WEISS/AFP via Getty ImagesJPMorgan is launching a tokenized money market fund tied the the ethereum blockchain.The bank's asset management unit will offer the fund to qualified investors.It's the latest push among major Wall Street firms to deepen involvement in crypto.JPMorgan is set to offer clients access to a tokenized money market fund as part of Wall Street's latest crypto push.The bank announced that its asset management arm will l…
technewstube.com
slashdot.orgJPMorgan Steps Further Into Crypto With Tokenized Money Fund
An anonymous reader quotes a report from the Wall Street Journal: JPMorgan Chase is joining the list of traditional financial firms seeking to bring blockchain technology to an investing staple: the money-market fund. The banking giant's $4 trillion asset-management arm is rolling out its first tokenized money-market fund on the Ethereum blockchain. JPMorgan will seed the fund with $100 million of its own capital, and then open it to outside inv…
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