Tokenized Funds Turn Ethereum into a Financial Operating System

[tradelikepro]

Ethereum’s role has expanded beyond payments into fund administration and asset tokenization. JPMorgan’s launch of its MONY money market fund on public Ethereum marked a milestone: traditional US Treasuries distributed via smart contracts.

Ethereum acts as the distribution and automation layer, enabling peer-to-peer transferability, daily yield distribution, and lower operational overhead. The investment remains traditional—the efficiency upgrade is onchain. This is Ethereum as middleware for capital markets.

[bonk]

Who knew Treasuries could get a software update thanks to smart contracts