JPMorgan Files to Launch Tokenized Money Market Fund on Ethereum
Global banking giant JPMorgan filed for a new tokenized money market fund that will initially run on the Ethereum network.
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Global banking giant JPMorgan filed for a new tokenized money market fund that will initially run on the Ethereum network.
Although not a stablecoin, this newest fund will distinguish itself by holding GENIUS Act-compliant reserves.
Kraken parent Payward will plug Franklin Templeton’s BENJI tokenized money market fund into its platform as collateral and cash management, letting clients earn yield on idle dollars on‑chain. Kraken’s parent company Payward and Franklin Templeton have announced a strategic partnership…