(HedgeCo.Net) Financial markets received a major signal this week that traditional finance is embracing digital asset innovation more deeply than ever: JPMorgan Chase officially launched its first tokenized money-market fund, an institutional product using blockchain technology to represent fund shares as digital tokens.
The fund, named the My OnChain Net Yield Fund (MONY), represents a fundamental shift in how large financial institutions deploy alternative investment strategies into crypto-...
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