#tokenizedassests — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #tokenizedassests, aggregated by home.social.
-
JP Morgan Launches Tokenized Money Market Fund
In Dec, My OnChain Net Yield Fund (“MONY”) fund, a tokenized money market fund, is now available on the public Ethereum blockchain. MONY is a 506(c) private placement fund providing qualified investors with the opportunity to earn US dollar yields by subscribing through Morgan Money, the firm’s open architecture trading and analytics platform for liquidity management.
MONY allows qualified investors to earn yield on short term US Treasuries with daily payouts that are recorded onchain. Subscriptions and redemptions can occur using traditional cash or stablecoins.
https://am.jpmorgan.com/us/en/asset-management/adv/about-us/media/press-releases/jp-morgan-asset-management-launches-its-first-tokenized-money-market-fund/ #JPMorgan #Crypto #CryptoCurrencies #BlockChain #Ethereum #MONY #TokenizedAssests #DigitalAssets #Banking #MoneyMarket #MorganMoney #StableCoins