Stocks in Action USA: JPMorgan Chase, ServiceNow, and iRobot.
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JPMorgan Chase (JPM) – The US banking giant brings money market funds to the blockchain and bets on tokenization as the next growth driver! JPMorgan Chase is advancing the merger of traditional asset management and blockchain technology. According to the Wall Street Journal, the bank's asset management division is launching its first tokenized money market fund on the Ethereum blockchain. The fund, named "My OnChain Net Yield Fund" (MONY), will initially be funded with 100 million USD of JPMorgan's equity and then opened to external qualified...
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