JPMorgan Files Second Tokenized Money Market Fund on Ethereum

ETH1.01%

JPMorgan Chase’s asset management arm filed paperwork on Tuesday for its second tokenized money market fund, the JPMorgan OnChain Liquidity-Token Money Market Fund (ticker JLTXX). The fund would issue digital tokens on the Ethereum blockchain representing shares in a portfolio of U.S. Treasuries and repurchase agreements.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments