JPMorgan Submits Application for Tokenized Fund, Further Increasing Its Investment in Cryptocurrencies
Source：
www.bloomberg.com
According to Bloomberg, JPMorgan’s Asset Management division has filed its second application for a tokenized money market fund—the JPMorgan Chase OnChain Liquidity Token Money Market Fund (ticker: JLTXX). The filing states that the fund will issue digital tokens on the Ethereum blockchain, representing shares in its underlying portfolio of U.S. Treasury securities and repurchase agreements. This move signals JPMorgan’s continued expansion into blockchain-based financial products.
