J.P. Morgan now has three tokenized products live on Ethereum mainnet. → JPMD, the USD deposit token, on Ethereum and Base → MONY, tokenized money market fund → JLTXX, tokenized money market fund From the J.P. Morgan product announcement: “Ethereum’s established depth of onchain liquidity and tokenized assets makes it a natural next public blockchain for JPM Coin. Institutional clients can now move money quickly, easily and securely on Ethereum in addition to Base, the Ethereum Layer 2 blockchain... JPM Coin joins a growing set of J.P. Morgan tokenized offerings on Ethereum...” Ethereum is the home of onchain finance.
