J.P. Morgan has launched its first tokenized money market fund, My OnChain Net Yield Fund (MONY), on Ethereum, following a $50 million commercial paper issuance on Solana. This multi-chain approach integrates public blockchains into institutional finance, offering tokenized yield instruments in U.S. Treasuries and repo agreements for qualified investors. J.P. Morgan's Ethereum-based MONY fund enables [...]