News Explorer — JPMorgan Introduces Ethereum-Based MONY Fund

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Dec 15, 3:10 pm

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JPMorgan Introduces Ethereum-Based MONY Fund

JPMorgan Chase is launching an Ethereum-based money-market fund called My OnChain Net Yield Fund (MONY) for qualified investors. The fund, requiring a minimum investment of $1 million, allows investors to earn yield by holding the associated token on-chain.

JPMorgan Chase is launching an Ethereum-based money-market fund called My OnChain Net Yield Fund (MONY) for qualified investors. The fund, requiring a minimum investment of $1 million, allows investors to earn yield by holding the associated token on-chain.

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