JPMorgan launches its first Ethereum-based tokenized money market fund, MONY, as Tom Lee calls the move bullish for ETH. Photo by BeInCrypto Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee, because Wall Street has just sent another signal that crypto’s future is becoming increasingly institutional. As JPMorgan moves a core financial product on-chain, market watchers are wondering whether this is merely expe ...

Popular investment banking giant JPMorgan Chase has moved further into the crypto ecosystem with a tokenized market fund. This is in a bid to bring blockchain technology to an investing staple, which is the money-market fund. JPMorgan Plans to Open Fund to the Public With up to $4 trillion in Assets Under Management (AuM), JPMorgan is utilizing the Ethereum (ETH) blockchain to roll out its first tokenized money-market fund. According to a Wall Street Journal (WSJ) report, it plans to start with a $100 m ...

JPMorgan Chase will begin offering an Ethereum-based, tokenized money-market fund to qualified investors this week, according to a Monday press release. The private fund, dubbed My OnChain Net Yield Fund, or “MONY,” will be seeded with $100 million of the bank’s capital before it can be accessed on Tuesday by individuals with at least $5 million in assets or institutions with $25 million or more, the bank said. MONY, which requires an investment of at least $1 million, represents JPMorgan’s continued exper ...

Key Takeaways JPM received in-principle RBI approval to open a Pune branch, marking its first India expansion in 10 years.The Pune office will focus on corporate clients, offering term lending and transaction banking services.The expansion adds to JPM's India presence across asset management, investment banking and commercial banking.JPMorgan (JPM) has obtained an in-principle approval from the Reserve Bank of India to establish a new branch in Pune, marking its first expansion in a decade in the country. T ...

Qualified investors gain access to on-chain assets through Morgan Money® NEW YORK, Dec. 15, 2025 /PRNewswire/ -- J.P. Morgan Asset Management today announced the launch of its first tokenized money market fund, My OnChain Net Yield Fund ("MONY"), now available on the public Ethereum blockchain. Powered by Kinexys Digital Assets, the firm's industry-leading, multi-chain asset tokenization solution, MONY is a 506(c) private placement fund providing qualified investors the opportunity to earn U.S. dollar yield ...

Key Takeaways JPMorgan, Citigroup, BAC, WFC and PNC are embedding AI to boost productivity across core banking functions.JPM's AI productivity impact rose from 3% to 6%, while C freed up 100K developer hours per week.BAC is spending $4B on AI, while WFC and PNC eye headcount shifts tied to automation.Artificial intelligence (AI) is the biggest technological disruption since the Internet, reshaping how we work, create and make decisions. The biggest U.S. banks, JPMorgan (JPM) , Citigroup (C) , Bank of Americ ...

Is Tom Lee's price prediction backed up by JP Morgan's Ethereum launch? Key Takeaways The amount of Bitcoin needed to retire varies widely by location. The independent researcher provided a bullish outlook for Bitcoin. Market outlook remains divided. JPMorgan Chase’s latest move into blockchain-based finance is adding fresh institutional weight to Ethereum, as it launches its first tokenized money fund. The development comes as Fundstrat’s Tom Lee says Ethereum could be poised for a major price m ...

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 FundJPMorgan's asset-management arm is rolling out its first tokenized money-market fund, branded My OnChain Net Yield Fund, or MONY, the Wall Street Journal reported on Monday. The private fund will run on the Ethereum blockchain and is seeded with $100 million of JPMorgan's own capital.The b ...

JPMorgan Chase’s $4 trillion asset-management division is launching its first tokenized money-market fund on the Ethereum blockchain, according to a Wall Street Journal report. The bank will initially seed the vehicle with $100 million of its own capital before opening it to external investors from Tuesday. JPMorgan Brings Money Markets Onchain According to the WSJ report the private fund, called the My OnChain Net Yield Fund — or “MONY” — is built on JPMorgan’s in-house tokenization platform, Kinexys ...

JPMorgan Chase, a global bank with $4 trillion of assets under management, is rolling out a tokenized money-market fund on Ethereum, pushing deeper into blockchain-based finance amid growing demand from institutional clients. The move marks JPMorgan’s first tokenized money market fund, making it the largest GSIB, or Global Systemically Important Banks, to launch such a vehicle on a public blockchain, according to a press release shared with CoinDesk. The fund, dubbed My OnChain Net Yield Fund (MONY), is ...