JPMorgan launching second tokenized money market fund on Ethereum

The Block2h agoUpdated 1h ago
JPMorgan launching second tokenized money market fund on Ethereum
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JPMorgan launched a second tokenized money market fund on Ethereum, investing in U.S. Treasurys and overnight repurchase agreements. This expansion signals institutional crypto adoption and legitimizes blockchain infrastructure for traditional finance. The move strengthens Ethereum's position as enterprise settlement layer, potentially attracting more institutional capital to crypto markets and benefiting Indian investors seeking exposure to blockchain-based financial products.

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