A major traditional finance player has just made a significant move into the tokenised asset space. The institution launched its debut money market fund on the Ethereum blockchain, marking a notable milestone in institutional crypto adoption. The fund, branded as the OnChain Net Yield Fund with ticker $MONY, received an initial capital injection of $100 million. This launch signals accelerating institutional interest in blockchain-based financial products. The move reflects broader market trends where established financial institutions are increasingly exploring decentralised finance infrastructure and tokenised securities. Such developments underscore growing confidence in blockchain technology for mainstream finance applications and suggest the institutional wave entering digital assets is gaining real momentum.
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AlphaWhisperer
· 18h ago
Finally here, traditional finance is also going on-chain. This wave of $MONY is quite interesting.
The signal of institutional entry is becoming more and more obvious. Starting with 100 million USD, it seems like they are really playing for keeps.
Wait, is this time again to get cut? Can traditional financial tricks be less?
OnChain Net Yield Fund... just hearing the name sounds like big money can be made, but I still want to see the actual return rate.
Large capital inflows are always a good thing. The spring of on-chain assets might really be coming.
$MONY, remember this code. It feels like it’s going to become the focus of discussion.
Institutional scale entry, this time is different. It feels like the landscape is about to change.
Suddenly I realize, does this mean traditional fund managers will also have to start learning smart contracts? Haha.
Tokenized assets are really taking off. Some people used to say this was a scam.
100 million USD, real gold and silver. Just this news alone can trigger a wave of hype.
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StableBoi
· 18h ago
Alright, now the institutions are really here, not just talking about it
$MONY is also up, pouring in a hundred million dollars, wake up everyone
Traditional finance finally can't sit still and has started to stake out Ethereum
This is true adoption, not those air projects being hyped up
Wait, isn't this foundation just a tool for some traditional giants to harvest retail investors again
Finally, there's some real money involved, the hype from last year has now been realized
Institutional entry is different; we retail investors should be ready
Tokenized assets are indeed the future, looks like I didn't choose the wrong direction
A major traditional finance player has just made a significant move into the tokenised asset space. The institution launched its debut money market fund on the Ethereum blockchain, marking a notable milestone in institutional crypto adoption. The fund, branded as the OnChain Net Yield Fund with ticker $MONY, received an initial capital injection of $100 million. This launch signals accelerating institutional interest in blockchain-based financial products. The move reflects broader market trends where established financial institutions are increasingly exploring decentralised finance infrastructure and tokenised securities. Such developments underscore growing confidence in blockchain technology for mainstream finance applications and suggest the institutional wave entering digital assets is gaining real momentum.