【CryptoWorld】JPMorgan has really pulled out all the stops this time. On December 15th, this Wall Street giant announced the upcoming launch of its first tokenized money market fund, operating directly on Ethereum.
What does this mean? Simply put, traditional finance is officially entering the on-chain world. It’s not just a verbal promise or a small-scale effort—JPMorgan is directly投入 1 billion USD of its own funds as startup capital, showing their scale and attitude.
The fund is open to qualified investors, which indicates their clear approach: start from the institutional side to create an on-chain money-making tool. Money market funds are traditionally among the most stable yield instruments in conventional finance. Moving them onto blockchain and presenting them in token form—how much can efficiency be improved? How much can costs be reduced? These are all noteworthy points.
With major players entering, the market landscape is quietly changing.
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Blockchainiac
· 2h ago
Wait, is JPMorgan really going to play with Ethereum? Wall Street is truly panicking now.
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CryptoCross-TalkClub
· 12-15 11:30
Laughing my ass off, the big institutions are finally here to harvest the leeks, and they're claiming it's to "improve efficiency." I don't believe you for a second.
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CrossChainMessenger
· 12-15 11:29
Look, the big players just can't sit still anymore. Investing $100 million is no joke.
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AlphaLeaker
· 12-15 11:28
Traditional finance is really getting serious. Dropping $100 million shows they're serious, and Ethereum is now stable.
View OriginalReply0
NotFinancialAdvice
· 12-15 11:22
Finally! The big whales can't sit still anymore. Ethereum is about to take off.
JPMorgan launches $100 million tokenization fund, traditional finance accelerates adoption of Ethereum
【CryptoWorld】JPMorgan has really pulled out all the stops this time. On December 15th, this Wall Street giant announced the upcoming launch of its first tokenized money market fund, operating directly on Ethereum.
What does this mean? Simply put, traditional finance is officially entering the on-chain world. It’s not just a verbal promise or a small-scale effort—JPMorgan is directly投入 1 billion USD of its own funds as startup capital, showing their scale and attitude.
The fund is open to qualified investors, which indicates their clear approach: start from the institutional side to create an on-chain money-making tool. Money market funds are traditionally among the most stable yield instruments in conventional finance. Moving them onto blockchain and presenting them in token form—how much can efficiency be improved? How much can costs be reduced? These are all noteworthy points.
With major players entering, the market landscape is quietly changing.