JPMorgan Asset Management debuts Ethereum tokenized fund, seeded with $100 million

JPMorgan Asset Management has launched My OnChain Net Yield Fund, a tokenized money‑market vehicle on Ethereum, according to company filings and industry reports. The bank seeded the fund with $100 million at launch, targets qualified investors via Morgan Money, and offers token shares representing direct ownership of portfolios composed of US Treasuries and repo agreements.