JPMorgan Chase to Launch First Tokenized Money Market Fund on Ethereum, Seed Fund Size Reaches $100 Million

BlockBeats News, December 15th. According to The Wall Street Journal, JPMorgan Chase announced that it will launch its first tokenized money market fund on Ethereum, further expanding its presence in the cryptocurrency space. Reportedly, JPMorgan Chase will kickstart the seed fund with $100 million of internal capital.