BlockDAG Eyes Multi-Exchange Listing as JPMorgan Debuts Ethereum-Based Money Market Fund
JPMorgan Chase & Co. has launched its first tokenized money market fund on the ethereum blockchain, marking a watershed moment for institutional adoption of blockchain-based finance. The MONY fund allows qualified investors to earn USD yields using cash or stablecoins, positioning JPMorgan as the first global bank to deploy such a product on-chain.
Meanwhile, BlockDAG's presale approaches its conclusion amid speculation of listings across 20 cryptocurrency exchanges. The project's momentum appears to be shifting toward DeepSnitch AI, a new entrant that has raised $821K in presale funding at $0.02846 per token, with promoters touting 100X return potential.