JPMorgan's Tokenized Funds on Ethereum Top $940M in AUM
- —Combined AUM of JLTXX and MONY funds on Ethereum exceeded $940 million
- —JPMorgan is the world's largest financial services firm by market value
- —The figure was highlighted by crypto analyst @tokenterminal
Why it matters: Growth of the largest US bank's tokenized funds reinforces the institutional adoption narrative for Ethereum.
Source: Coinfomania