J.P. Morgan Launches Ethereum-Based Money Market Fund for Institutional Investors

A new money market fund has chosen Ethereum as its primary settlement layer, highlighting the platform's growing role in on-chain finance. This decision underscores Ethereum's security, scalability, and ecosystem maturity, attracting institutional investors.

Operational Efficiency and Institutional Confidence

J.P. Morgan Asset Management launched the My On-Chain Net Yield Fund (MONY) on Ethereum, marking a significant move in traditional finance.
Managed assets are approximately $4 trillion, with an initial seed of $100 million before public availability.
Shares are issued and tracked on Ethereum via JPMorgan’s Kinexys platform, offering faster settlements and ownership transfers.
The fund is open to large investors, requiring individual investments of at least $5 million and institutional minimums of $25 million.
This initiative enables faster transactions and better treasury integration for JPMorgan.

The Broader Significance of Ethereum

Ethereum is described not just as technology but as a network coordinating economic actors around shared rules, acting as a global neutral arbitrator.
AdrianoFeria emphasizes understanding Ethereum beyond cash-flow-centric valuations to grasp its true value.

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