CoinDesk Podcast Network JPMorgan Rolls Out Tokenized Money Market Fund on Ethereum | CoinDesk Daily
Dec 15, 2025
JPMorgan Chase has launched a groundbreaking tokenized money market fund called MONY on Ethereum, seeded with $100 million! This move signifies a strong endorsement of public blockchains by major financial institutions like BlackRock and Franklin Templeton. Additionally, a notable strategy has made headlines by acquiring approximately 10,645 BTC, marking a major investment. The UK is set to regulate crypto under existing laws by 2027, signaling a shift in the financial landscape. Privacy and inclusivity in blockchain are driving themes throughout the discussion.
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JPMorgan's Tokenized Money Market
- JPMorgan launched the MyOnChain NetYield Fund as a tokenized money market fund on Ethereum seeded with $100 million.
- The fund lets qualified investors redeem in cash or Circle USDC, signaling institutional validation of public blockchains.
Faster Settlement And Redemption Options
- The fund offers faster settlement times and redemption options in cash or USDC to park idle cash and earn yield.
- JPMorgan's move follows entrants like BlackRock and Franklin Templeton and validates public chains for institutional capital.
Strategy's Recent Bitcoin Buying Spree
- Strategy bought another 10,645 Bitcoin last week for nearly $980 million, marking a second consecutive ~$1 billion deployment.
- The firm funded buys by aggressively selling its own stock and now holds over 671,000 BTC valued around $50 billion.