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TechFlow news, December 15 — According to The Wall Street Journal, JPMorgan is launching its first tokenized money market fund, marking a significant step by the banking giant in applying blockchain technology.
The private fund will operate on the Ethereum blockchain and be available to qualified investors. JPMorgan will seed the fund with $100 million of its own capital.
The private fund will operate on the Ethereum blockchain and will be open to qualified investors. JPMorgan will contribute $100 million of its own capital as seed funding.
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