Giant JPMORGAN (4000 Billion USD) Just Launched a Money Market Fund on Ethereum 🤯
JPMorgan has officially launched a tokenized money market fund on the $ETH network. This allows institutional clients (investment funds, large corporations) to access cash-like tools directly on the blockchain, backed by traditional assets.
Some notable information:
📈 Issued by the world's largest bank with assets close to 4000 billion USD. 📈 Built on the public Ethereum network, not a private blockchain. 📈 Designed for managing the actual cash flow of large organizations. 📈 Part of JPMorgan's increasingly growing Onyx blockchain ecosystem.
#Ethereum Now, there's no need to "pitch" to organizations anymore; instead, organizations are actively seeking to build on it. 🏦
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Giant JPMORGAN (4000 Billion USD) Just Launched a Money Market Fund on Ethereum 🤯
JPMorgan has officially launched a tokenized money market fund on the $ETH network. This allows institutional clients (investment funds, large corporations) to access cash-like tools directly on the blockchain, backed by traditional assets.
Some notable information:
📈 Issued by the world's largest bank with assets close to 4000 billion USD.
📈 Built on the public Ethereum network, not a private blockchain.
📈 Designed for managing the actual cash flow of large organizations.
📈 Part of JPMorgan's increasingly growing Onyx blockchain ecosystem.
#Ethereum Now, there's no need to "pitch" to organizations anymore; instead, organizations are actively seeking to build on it. 🏦