JPMorgan Files JLTXX: Tokenized Money Market Fund on Ethereum
JLTXX will hold Treasurys and overnight repos — but the design target is stablecoin reserve compliance under the GENIUS Act, not yield-seeking crypto capital.
Funding rounds, seed and Series raises, project token sales, grants, and bankruptcy events.
JLTXX will hold Treasurys and overnight repos — but the design target is stablecoin reserve compliance under the GENIUS Act, not yield-seeking crypto capital.
Bitwise's spot HYPE filing already sits at the SEC, and a clean first-day print at $1.8M is the kind of baseline smaller issuers will be benchmarked against.
JPMorgan is set to bring a tokenized money-market fund to the Ethereum blockchain, marking one of the most significant…
BTC still carries the book — roughly $2.17B of the $2.3B in cumulative originations — but adding SOL widens the funnel and signals Coinbase is doubling down on onchain lending as a core product line.
The new JLTXX vehicle is structured to meet GENIUS Act reserve rules for stablecoin issuers — turning JPMorgan into a direct infrastructure play for compliant onchain dollar yield, days after…
JPMorgan is launching a tokenized money market fund built on Ethereum, specifically engineered to qualify as a reserve…
Targeting the GENIUS Act's eligible-reserve carve-out for stablecoin issuers, the fund re-anchors Wall Street's tokenization thesis to the deepest institutional balance sheet yet.
The pitch is STRC — a liquid, money-market-grade credit instrument built on Bitcoin's volatility surface — and the $100B target is the substrate DeFi builds on next.
a16z, BlackRock, Apollo, and ICE buying into Circle's new L1 forces the question every holder of USDC had hoped wouldn't surface: the clean issuer-distributor pact with Coinbase no longer has…
The round is more than a unicorn chase — every backer is also a future customer of Elliptic's compliance stack, which is the read.
Bitwise CIO Matt Hougan frames the $1B+ raise across three institution-focused chains as the moment privacy stops being a feature and starts being the product — with US stablecoin law clearing the…
Sky Ecosystem is leading the round, signalling that the protocol is extending its USDS distribution thesis into third-party yield infrastructure — and the $2.5B Foundry allocation pool is the real…
SOL joins the collateral stack as Coinbase's crypto-backed loan book crosses $2.3B in originations — a sign the venue is betting users want yield-plus-borrowing, not yield-versus-it.
The headline rate is more than triple what most stablecoin lenders currently pay — the question is whether the spread reflects real yield or a fee-rebate subsidy from the platform’s mining pool.
The lead investor is the issuer of the two stablecoins Osero is built to distribute — funding channel, distribution partner and product anchor in a single deal.
The round is the loudest signal yet that compliance infrastructure — not trading or custody — is where TradFi is placing its structural crypto bet, with JPMorgan, Deutsche Bank, and Nasdaq now on the…
The reiteration hinges on Sharplink's 0.8x discount to NAV and a Galaxy Digital co-managed yield fund that the bank argues marks a structural widening of Ethereum's demand base beyond just treasury…
The round lands in a year that's already seen nearly $3B stolen in crypto — and it funds an agentic-AI roadmap for the compliance backbone that two-thirds of global crypto trading volume already runs…
The deal pairs one of crypto's deepest exchange balance sheets with one of TradFi's longest-running tokenization efforts — a structural vote on BENJI as 24/7 collateral, not a marketing partnership.
Q1 loan volumes doubled to $2.9B with a 6% revenue beat — but the real call is that the market is pricing FIGR like a fintech, not the pure-play tokenization platform Bernstein thinks it is.