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JPMorgan taps both Ethereum and Solana for separate reasons for its institutional cash stack

CryptoSlate·
JPMorgan taps both Ethereum and Solana for separate reasons for its institutional cash stack
AI Analysis

JPMorgan has launched the JPMorgan OnChain Liquidity-Token Money Market Fund, which will invest in US Treasury securities and repo collateral, catering to stablecoin issuers' reserve asset needs. The fund utilizes both Ethereum and Solana for different operational purposes within its institutional cash management strategy.

Key Topics

JPMorganEthereumSolanaUS Treasury

Originally reported by CryptoSlate. Read the full article ↗

JPMorgan taps both Ethereum and Solana for separate reasons for its institutional cash stack | AI Crypto Daily Wire