JPMorgan has launched the ‘MONY’ fund targeting qualified investors. It requires a minimum investment of 1,000,000 USD and features 100,000,000 USD in initial capital, available on the Morgan Money platform.
The fund is part of JPMorgan’s strategy emphasizing asset tokenization. The bank expects more global banks to adopt similar practices, following in the footsteps of innovative offerings like BlackRock’s BUIDL fund.
Leave a Reply