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0.0015625 0.00109375000000007 0.00153125000000003 0.000624999999999964 0.00218749999999996 0.00571874999999995 3.12499999999716E-05 0.000437499999999957
Stock impact report

JPMorgan Bets on Ethereum With Tokenized Money Fund Launch — Is Tom Lee's $20K Price Prediction More Likely Now? [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Market outlook remains divided. JPMorgan Chase's latest move into blockchain-based finance is adding fresh institutional weight to Ethereum, as it launches its first tokenized money fund. The development comes as Fundstrat's Tom Lee says Ethereum could be poised for a major price move early next year, driven by growing adoption of tokenized assets. JPMorgan's asset-management division is introducing a private tokenized money-market fund backed by Ethereum, according to reporting by The Wall Street Journal. The fund, called the OnChain Net Yield Fund, has been backed by $100 million of the bank's own money before opening to outside investors on Tuesday, the publication reported. Eligibility requirements include individuals with at least $5 million in investable assets and institutions with a minimum of $25 million in investable assets. Tokenized money-market funds aim to combine the stability and yield of traditional cash-management products with blockchain features, such Show less Read more
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