JPMorgan Picks Ethereum Again in New Money Market Fund Filing

JPMorgan has filed to launch the JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX), a tokenized Treasury vehicle on Ethereum powered by Kinexys Digital Assets. According to the filing with the US Securities and Exchange Commission (SEC), under normal conditions, the fund invests only in US Treasury securities and Treasury-collateralized overnight repurchase agreements. JPMorgan Files To The post JPMorgan Picks Ethereum Again in New Money Market Fund Filing appeared first on BeInCrypto.