By Marco Piccolo JPMorgan Chase has officially launched its first tokenized money market fund on the Ethereum blockchain, marking a significant move by the bank into the rapidly growing sector of tokenized RWAs (real-world assets). The fund, named My OnChain Net Yield Fund (MONY), was announced by J.P. Morgan Asset Management on December 15 and […]
Tag: BUIDL
By Chayanika Deka Solana’s lending markets have seen rapid growth as the network continues to expand its on-chain finance capabilities, according to a report by RedStone. The report found that Solana has maintained 100% uptime for 12 months, delivered transaction finality in roughly 400 milliseconds at a median cost of $0.001, and reached $35.9 billion […]
By Marco Piccolo Key highlights: BlackRock’s tokenized Treasury fund BUIDL has expanded to BNB Chain, marking its presence on eight blockchains. The $2.5 billion fund can now be used as collateral for trading on Binance and is integrated with Binance’s institutional services. BUIDL’s expansion reflects growing institutional demand for interest-bearing digital assets with stable value. […]