Latest News and Articles about Money Market Fund
JPMorgan Files for Blockchain Money Market Fund to Back Stablecoins
JPMorgan Chase has filed with the U.S. Securities and Exchange Commission for a blockchain-based money market fund that could be used by stablecoin issuers as reserve backing. Translation: Wall Street wants the efficiency of crypto rails, but it still wants to hold the steering wheel. JPMorgan filed an SEC application for a blockchain-based money market […]
Read MoreMorgan Stanley Launches MSNXX Stablecoin Reserve Fund Ahead of GENIUS Act Rules
Morgan Stanley Quietly Launches Its First Fund Built Specifically for Stablecoin Issuers is quietly building the plumbing for the stablecoin economy, and that’s where the real money usually hides. New fund: Stablecoin Reserves Portfolio, ticker MSNXX Launch date: April 23, after an SEC filing on April 16 Purpose: A reserve vehicle for stablecoin issuers needing […]
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