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JPMorgan Plans to Launch Tokenised Money Market Fund on Ethereum for Stablecoin Issuers

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JPMorgan plans to launch the OnChain Liquidity-Token Money Market Fund on Ethereum for stablecoin issuers. The fund, managed by Kinexys Digital Assets, will invest in Treasury bills and overnight repurchase agreements secured by US Treasurys or cash.JPMorgan plans to launch the OnChain Liquidity-Token Money Market Fund on Ethereum for stablecoin issuers. The fund, managed by Kinexys Digital Assets, will invest in Treasury bills and overnight repurchase agreements secured by US Treasurys or cash.