DeFi· ★★★★· bullish·

JPMorgan holds nearly $900M in tokenized funds on Ethereum and Solana

  • —JPMorgan's tokenized funds on Ethereum and Solana approach $900 million in assets
  • —The bank previously launched money market funds on Solana and moved JPMD to Ethereum mainnet
  • —The report compares which chain captures more value from the bank's tokenized products
Why it matters: Growth in tokenized funds from the largest US bank underscores institutional demand for blockchain infrastructure.
Source: Google News (crypto query)