Major institutional milestone: JP Morgan rolls out MONY, a tokenized money market fund now live on the Ethereum blockchain. This move opens up a meaningful channel for investors to tap into US dollar yields backed by Treasury instruments, all within the on-chain ecosystem.

What makes this interesting is the mechanics—the platform supports both subscriptions and redemptions through traditional cash or stablecoins, bridging the gap between conventional finance and crypto infrastructure. Daily dividend payouts add another layer of appeal for yield-focused participants.

Essentially, it's a concrete example of how institutional-grade financial products are finding their way onto blockchain rails, reshaping how investors access traditional fixed-income returns through decentralized channels.