JPMorgan Launches $100M Tokenized Fund on Ethereum

The post JPMorgan Launches $100M Tokenized Fund on Ethereum appeared first on Coinpedia Fintech News

JPMorgan Chase is launching its first tokenized money market fund directly on the Ethereum blockchain, seeding it with $100 million. This groundbreaking move allows qualified institutional investors to trade fund ownership as digital tokens, enabling faster, smoother settlements compared to traditional systems. By building on a public blockchain, the $4 trillion banking giant signals a major shift: treating crypto infrastructure as a serious, efficient tool for global finance rather than just a niche experiment.