The post J.P. Morgan Launches Tokenized Money Market Fund on Ethereum Amid Multi-Chain Push appeared on BitcoinEthereumNews.com.

J.P. Morgan has launched its first tokenized money market fund, My OnChain Net Yield Fund (MONY), on Ethereum, following a $50 million commercial paper issuance on Solana. This multi-chain approach integrates public blockchains into institutional finance, offering tokenized yield instruments in U.S. Treasuries and repo agreements for qualified investors. J.P. Morgan’s Ethereum-based MONY fund enables direct on-chain ownership of shares for institutional investors. The Solana issuance marks one of the first public blockchain debt settlements using USDC stablecoins. These initiatives leverage Solana’s speed for debt markets and Ethereum’s security for yield products, signaling broader bank adoption. J.P. Morgan tokenized money market fund on Ethereum revolutionizes institutional finance with on-chain yields. Explore the multi-chain strategy including Solana debt issuance and its implications for global banking. Stay ahead in blockchain innovation. What is J.P. Morgan’s Tokenized Money Market Fund? J.P. Morgan’s tokenized money market fund, known as My OnChain Net Yield Fund (MONY), represents a pioneering integration of blockchain technology into traditional asset management. Launched on the Ethereum blockchain, MONY allows qualified investors to hold tokenized shares directly in their blockchain addresses through the bank’s Morgan Money platform. The fund primarily invests in low-risk U.S. Treasuries and fully collateralized repurchase agreements, providing stable yields while leveraging Ethereum’s robust security features for seamless issuance, transfer, and redemption. How Does J.P. Morgan’s Multi-Chain Strategy Work? J.P. Morgan’s multi-chain strategy involves deploying specific financial instruments on blockchains best suited to their operational needs, demonstrating a calculated approach to public ledger adoption. On Solana, the bank recently facilitated a $50 million U.S. commercial paper issuance for Galaxy Digital, which included end-to-end settlement using USDC stablecoins and involved buyers such as Coinbase and Franklin Templeton. This transaction highlighted Solana’s high throughput capabilities, enabling real-time processing for debt markets that traditional systems struggle to match. In contrast, the…

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Filed under: News - @ December 16, 2025 4:23 am