J.P. Morgan tokenized over $900M in assets on Ethereum across two funds.
RWA & Tokenization ·
J.P. Morgan has tokenized more than $900 million in assets on Ethereum across two funds, according to reports. The deployment marks a significant institutional move into on-chain asset representation, with the bank using the Ethereum blockchain as the settlement layer for these tokenized holdings.
The specific composition of the two funds and their individual sizes remain unclear from available disclosures. It is also not yet specified whether this represents new capital allocated specifically for tokenization or a migration of existing holdings onto the blockchain.
The broader context of how this initiative fits into J.P. Morgan's wider tokenization strategy and whether additional funds or asset classes will follow has not been detailed in the available reporting.