JPMorgan's tokenized funds reach $844M on Ethereum
- —JLTXX holds $741M, MONY holds $103M on Ethereum
- —JLTXX launched in May with initial capital of $200M
- —Combined fund assets reached $844M as of October 11
Why it matters: The growth of a major bank's tokenized funds signals rising institutional demand for Ethereum as infrastructure for traditional finance.
Source: Coinfomania