Welcome to Tech Beat, your daily look at the stories shaping the digital world.
JPMorgan has filed to launch a tokenized money market fund on the Ethereum network, the latest sign that Wall Street is moving fast on blockchain-based finance. This follows BlackRock's similar move just days ago, and the race to bring traditional financial products onto public blockchains is no longer theoretical — it is happening now.
That institutional momentum stands in contrast to the retail side of crypto, where Bitcoin wallet company Exodus is making a different kind of bet. The publicly traded firm recently sold eighty-seven million dollars worth of Bitcoin as part of a strategic shift toward building out a full crypto payments stack, signaling ambitions well beyond simply storing digital assets.
And from the stranger corners of the technology world, a humanoid robot named Gabi has become what organizers in South Korea are calling the world's first android monk, ordained by Buddhist monks ahead of Buddha's birthday. Three more of the sixteen-thousand-dollar machines are expected to join it, raising genuinely fascinating questions about consciousness, tradition, and what it means to take a vow.
Keep surfing. Tech Beat out.
