Another example of institutions adopting and building while retail runs.

JP Morgan steps further into crypto with tokenized money fund on Ethereum. It's also different than the private equity fund I just posted about that they are also putting out on their own blockchain. What they're calling the Money M-O-N-Y Fund. You have to put a million dollars minimum into this, and it serves as a money market account, but it's on chain. They're putting a hundred million dollars of its own capital, and it's on the Ethereum blockchain. This is. Just amazing. JP Morgan hated crypto a couple years ago. Jamie Dimon said he would fire anyone he found buying and selling Bitcoin. And now, I mean, look at this. There is a massive amount of interest from clients around tokenization. Head of Global Liquidity at JP Morgan Asset Manager, quote, and we expect to be a leader in the space and work with clients to make sure that we have a product lineup that allows them to have the choices that want to make in money markets on blockchain. Keep saying this though, as retail is extremely fearful of crypto and keeps selling off, institutions are building and buying on blockchain at a rate we've never seen before.