$4 Trillion Megabank JPMorgan Debuts Its First Tokenized Money Market Fund On Ethereum

453 +

JPMorgan expands blockchain push with tokenized money-market fund on Ethereum

The fund is seeded with $100 million and requires a minimum investment of $1 million. Tokenized money-market funds offer faster settlement, continuous trading, and onchain ownership visibility. The tokenized money-market sector has grown to $9 billion in assets over the past year.

135 +

JPMorgan launches $100m tokenized fund on Ethereum mainnet

JPMorgan seeds a $100m tokenized money market fund on Ethereum, extending its Kinexys platform from private chains to public blockchains for institutional cash management. JPMorgan Chase & Co. has launched its first tokenized money market fund on the public Ethereum…

48 +

JPMorgan rolls out tokenized money-market fund on Ethereum: report

JPMorgan Chase has joined a growing group of traditional financial firms bringing blockchain technology to mainstream investment products, unveiling its first tokenized money-market fund on the Ethereum network.

132 +

JPMorgan, DBS eye deposit tokens as cross-bank alternative to stablecoins

As of 2024, at least one-third of commercial banks were exploring or piloting tokenized deposits, according to a survey by the Bank for International Settlements.

60 +

JPMorgan Tokenizes Private Equity Fund as Dimon Declares ‘Crypto is Real’

JPMorgan Chase has tokenized a private-equity fund on its Kinexys blockchain platform, completing the first live transaction for its private banking clients. The post JPMorgan Tokenizes Private Equity Fund as Dimon Declares ‘Crypto is Real’ appeared first on Coinspeaker.

171 +

JPMorgan settles tokenized treasuries transaction using Ondo Finance and Chainlink

JPMorgan Chase has taken a step toward integrating with a public blockchain transaction using Ondo Finance and Chainlink.  On Wednesday, the bank announced that it had settled a transaction on a public blockchain for the first time, using technology from…

127 +

Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan

These tokens are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.

264 +

Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain

The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets.

159 +

JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger

Major banks collaborate on a shared ledger PoC to streamline tokenized asset settlements, aiming for a 24/7 interoperable network. The post JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger appeared first on Crypto Briefing.

255 +

JPMorgan, Apollo Tokenize Funds in 'Proof of Concept' With Axelar, Oasis, Provenance

The aim of the project was to allow wealth managers to tokenize funds and to be able to purchase and rebalance positions in tokenized assets across multiple interconnected chains.

258 +

JPMorgan Launches Tokenization Network, Mints BlackRock Fund Tokens

JPMorgan's blockchain platform TCN tokenizes securities, enabling the real-time transfer of a tokenized BlackRock fund as collateral.

417 +

BlackRock leverages JPMorgan’s new blockchain tools for instant collateral settlement with Barclay’s

BlackRock used tokenized shares from one of its money market funds as collateral in a derivatives transaction with Barclays, leveraging JPMorgan’s newly introduced Tokenized Collateral Network (TCN), a blockchain-driven collateral settlement platform, per a Bloomberg report on Oct.

476 +

JPMorgan Backs $20M Round for Blockchain Infrastructure Startup Ownera

Ownera aims to connect the tokenized securities of institutional investors.

206 +

JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFi

The bank’s recent tokenization of money market funds with BlackRock dovetails nicely with an institutional DeFi project being led by the Monetary Authority of Singapore.

398 +

JPMorgan Is Using Blockchain for Collateral Settlement

JPMorgan is using blockchain technology for collateral settlements, according to new reports from Bloomberg. Transaction Involved BlackRock Assets In a pilot blockchain transaction, JPMorgan Chase & Co. transferred tokenized money...

215 +