MONEY MARKET FUNDS

BlackRock's tokenized money market fund, BUIDL, has reached a big milestone. It has paid out $100 million in dividends since its launch in March 2024. This fund is not your average investment. It uses blockchain technology to offer a new way to earn money from short-term U. S. dollar assets. BUIDL

JPMorgan Chase has made a bold step into the world of digital finance. They've just launched a new type of investment fund called MONY, which stands for My OnChain Net Yield Fund. This fund is special because it runs on the Ethereum blockchain, a popular platform for digital currencies and contracts