JPMorgan’s Tokenized Funds Hold $844M on Ethereum As
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JPMorgan's Tokenized Funds on Ethereum held 844 million dollars at 11 October. The largest part is in JLTXX, a fund launched in May with 200 million dollars. Key Points The total of the two funds on Ethereum is 844 million dollars. JLTXX weighs 741 million dollars on the total. MONY adds [...]
JPMorgan’s tokenized funds on Ethereum hold $844 million
JPMorgan’s tokenized money market funds held $844 million on Ethereum as of October 11, a sizable commitment that the source report interprets as growing institutional confidence in the network. Most of that value sits in JLTXX, a fund launched in May with $200 million. Key takeaways JLTXX accounts for $741 million of the combined holdings. MONY holds another $103 million on Ethereum. JLTXX began in May with $200 million in initial capital. Acco…
JPMorgan’s Tokenized Funds Hold $844M on Ethereum as
JPMorgan’s two tokenized money market funds have amassed an impressive $844 million on Ethereum as of October 11. This figure includes $741 million in JLTXX and $103 million in MONY, reflecting a significant uptick in institutional interest. According to a tweet from @tokenterminal, the JLTXX fund,...
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