JPMorgan Chase is rolling out a tokenized money market fund powered by Ethereum. The fund, which is called My OnChain Net Yield Fund or MONY, launches today. TheJPMorgan Chase is rolling out a tokenized money market fund powered by Ethereum. The fund, which is called My OnChain Net Yield Fund or MONY, launches today. The

JPMorgan Chase Launches Ethereum-Based Money Market Fund for Institutional Investors

JPMorgan Chase is rolling out a tokenized money market fund powered by Ethereum.

The fund, which is called My OnChain Net Yield Fund or MONY, launches today.

The fund targets qualified investors, offering U.S. dollar yields. MONY invests solely in U.S. Treasury securities and repurchase agreements backed by them.

Investors can access the fund exclusively through the firm’s Morgan Money platform. They can subscribe or redeem using cash or stablecoins, with daily dividend reinvestment.

The fund positions Chase as the first systemically important bank to launch such a product on a public network.

Says J.P. Morgan Asset Management CEO George Gatch,

“Active management and innovation are at the heart of how we deliver new solutions for investors navigating today’s financial landscape.

By harnessing technology alongside our deep expertise in active management, we’re able to provide clients with advanced, innovative, and cost-effective capabilities that help them achieve their investment goals.”

J.P. Morgan Asset Management manages $4 trillion in assets, spanning equities, fixed income, and liquidity products.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post JPMorgan Chase Launches Ethereum-Based Money Market Fund for Institutional Investors appeared first on The Daily Hodl.

Market Opportunity
FUND Logo
FUND Price(FUND)
$0.012
$0.012$0.012
+14.28%
USD
FUND (FUND) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Kalshi Jumps to 62% Market Share While Polymarket Eyes $10B Valuation

Kalshi Jumps to 62% Market Share While Polymarket Eyes $10B Valuation

The post Kalshi Jumps to 62% Market Share While Polymarket Eyes $10B Valuation appeared on BitcoinEthereumNews.com. Fintech 19 September 2025 | 16:03 Event-based trading platforms are no longer niche experiments – they’re emerging as a major arena where finance, crypto, and information converge. After months of subdued activity, volumes are climbing again, and U.S.-regulated Kalshi has unexpectedly taken the lead. Betting on Everything From Rates to Sports Analysts at Bernstein describe prediction markets as a new “interface for information,” where users speculate not only on sports results but also on Federal Reserve decisions, quarterly earnings, and even crypto price moves. This year alone, more than $200 million changed hands on Polymarket contracts linked to the Fed’s recent 25 bps rate cut, while $85 million traded on Kalshi around the same decision. Mainstream brokers like Coinbase and Robinhood are watching closely, with ambitions to capture some of the momentum. With U.S. sports betting already worth tens of billions annually, the overlap is too big to ignore. Against that backdrop, Kalshi has delivered one of its strongest months since the 2024 elections. The platform reports $1.3 billion in trading volume so far in September, accounting for 62% of global prediction market activity. Just a year ago, Kalshi’s share stood at 3%. CEO Tarek Mansour called the growth “remarkable,” noting that the exchange still serves only U.S. clients. Polymarket’s Pushback Its main rival, Polymarket, has logged about $773 million in trades this month. While that trails Kalshi for now, Polymarket has unique advantages: as a crypto-native platform, it has carved out strong global demand and is working toward a formal U.S. relaunch via its acquisition of derivatives exchange QCEX. The two platforms now stand as the clear leaders of the sector, though they embody different philosophies — one regulated from the ground up, the other built around decentralization. Investors Take Notice The boom hasn’t escaped venture capital. Reports suggest…
Share
BitcoinEthereumNews2025/09/19 21:34
Visa Expands USDC Stablecoin Settlement For US Banks

Visa Expands USDC Stablecoin Settlement For US Banks

The post Visa Expands USDC Stablecoin Settlement For US Banks appeared on BitcoinEthereumNews.com. Visa Expands USDC Stablecoin Settlement For US Banks
Share
BitcoinEthereumNews2025/12/17 15:23
Bitcoin Lightning Network Capacity Surges to Historic Peak as Exchange Adoption Accelerates

Bitcoin Lightning Network Capacity Surges to Historic Peak as Exchange Adoption Accelerates

The Bitcoin Lightning Network has reached an all-time high in total network capacity, marking a significant milestone for the layer-2 scaling solution designed to enable fast and inexpensive Bitcoin transactions. The surge comes as major cryptocurrency exchanges increasingly integrate Lightning functionality, bringing the technology to millions of users who previously relied solely on slower, more expensive on-chain transactions. This capacity expansion reflects growing confidence in Lightning's reliability and utility after years of development and real-world testing. What began as an experimental protocol discussed primarily among technical enthusiasts has matured into infrastructure that some of the industry's largest platforms now consider essential to their operations.
Share
MEXC NEWS2025/12/17 17:14