JPMorgan’s New Crypto Adventure: Ethereum Fund 🌐💰
The Wall Street Journal, bearer of all things financial yet quirky, shared that the asset-management arm of this banking behemoth, which holds the hefty honor of managing nearly $4 trillion in assets, has now launched a tokenized money-market fund. And just for kicks, it’s built on the Ethereum blockchain, backed by a cool $100 million of JPMorgan’s own capital. They even gave it a name: MONY™️, because what else would you call a cash management vehicle infused with blockchain? Money On (a) Net Yell? 😂


