JPMorgan Launches $100 Million Ethereum Money Market Fund
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Innovative Fund Launch: JPMorgan's My OnChain Net Yield Fund (MONY) starts with $100 million of its own capital, marking the first time a major Wall Street bank has launched a regulated cash fund on a public blockchain, enhancing market confidence in blockchain finance.
- Investor Threshold: The fund is exclusively available to accredited investors, requiring individuals to have at least $5 million in assets and institutions over $25 million, ensuring participation from high-net-worth clients and enhancing fund stability.
- Transparency and Flexibility: The MONY fund utilizes the Ethereum blockchain for 24/7 instant settlement and transparent asset records, which not only improves transaction efficiency but also provides investors with greater flexibility to redeem using stablecoins.
- Market Outlook: With regulatory clarity paving the way, JPMorgan's move may encourage more traditional financial institutions to explore blockchain solutions, further promoting Ethereum's application in financial markets and signaling the potential for more tokenized financial products in the future.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







