JPMorgan Files to Launch Tokenized Money Market Fund on Ethereum

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Decrypt Editorial

(09:31 PM UTC)

1 min read

JPMorgan is the latest financial firm seeking to launch a tokenized money market fund, filing for JTLXX.
Its tokenized product will rely on its own blockchain platform, which creates a permissioned layer on top of Ethereum.
The launch follows that of BENJI, a tokenized money market fund from Franklin Templeton that is available on multiple blockchains.

Global banking giant JPMorgan…