Choose Rich Live
Crypto News

JPMorgan Asset Management expands tokenized funds MONY and JLTXX to Solana

JPMorgan Asset Management has expanded two tokenized money market funds, MONY and JLTXX, to Solana for qualified U.S. investors via Morgan Money.

Exterior view of a modern glass skyscraper with the J.P. Morgan logo illuminated at dusk.
Image: @CoinMarketCap

JPMorgan Asset Management has expanded two Ethereum-based tokenized money market funds, MONY and JLTXX, to the Solana network, according to industry reports and media outlets including The Block and Cointelegraph.[3][1][4][7][2]

The offerings are accessible to qualified U.S. investors through the Morgan Money platform. On the platform, investors can handle fund subscriptions, redemptions, and token balances in a single venue.[3][8][5][6]

The Block and BlockNews reported that JLTXX is specifically designed to support stablecoin issuers under the GENIUS Act. Media outlet SolanaFloor highlighted the development as bringing products from the 4.8 trillion dollar asset manager onto Solana.[3][7][6]

Key facts

  • JPMorgan Asset Management expanded its tokenized money market funds MONY and JLTXX to Solana.
  • Both MONY and JLTXX are Ethereum-based tokenized funds.
  • The funds are available to qualified U.S. investors via the Morgan Money platform.
  • Investors can manage subscriptions, redemptions, and token balances through Morgan Money.
  • JLTXX is designed to support stablecoin issuers under the GENIUS Act.
  • SolanaFloor characterized J.P. Morgan as a 4.8 trillion dollar asset manager.

Sources · 8 sources

  1. WI

    Whale Insider@WhaleInsiderPost on X ·

    JUST IN: JPMorgan expands two Ethereum-based tokenized money market funds, MONY and JLTXX, to Solana. https://t.co/yke8hm9ai6

    Open source
  2. TW

    The Wolf Of All Streets@scottmelkerPost on X ·

    JPMORGAN ASSET MANAGEMENT MAKES ITS TOKENIZED MONEY MARKET FUNDS MONY AND JLTXX AVAILABLE ON SOLANA $SOL TO QUALIFIED US INVESTORS https://t.co/yz0X28MRCW

    Open source
  3. TB

    The Block@TheBlockCoPost on X ·

    THE BLOCK: JPMorgan Asset Management has expanded two Ethereum-based tokenized money market funds, MONY and JLTXX, to Solana. Qualified U.S. investors can access the funds through Morgan Money, with JLTXX designed to support stablecoin issuers under the GENIUS Act. https://t.co/FTFmV1p1iF

    Open source
  4. CO

    Cointelegraph@CointelegraphPost on X ·

    🔥 LATEST: JPMorgan Asset Management’s tokenized money market funds MONY and JLTXX are live on Solana. https://t.co/qGA8b7Hgp9

    Open source
  5. CO

    CoinMarketCap@CoinMarketCapPost on X ·

    LATEST: ⚡️ JPMorgan has made its tokenized money market funds MONY and JLTXX available on Solana to qualified US investors, accessible through its Morgan Money platform. https://t.co/H0NTENnVKQ

    Open source
  6. SO

    SolanaFloor@SolanaFloorPost on X ·

    🚨JUST IN: $4.8T asset manager J.P. Morgan brings its tokenized money market funds MONY and JLTXX to @Solana, available to qualified U.S. investors through Morgan Money. https://t.co/rKXnTNyFoi

    Open source
  7. BL

    BlockNews@blocknewsdotcomPost on X ·

    🚨 JUST IN: Banking giant JPMorgan expands its Ethereum-based tokenized money market funds, MONY and JLTXX, to Solana! Qualified U.S. investors can access both funds through Morgan Money, with JLTXX designed to support stablecoin issuers under the GENIUS Act. Another major step for institutional tokenization on $SOL and $ETH!

    Open source
  8. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: JPMorgan Asset Management brings tokenized money market funds to Solana MONY and JLTXX are available to qualified U.S. investors through Morgan Money, where subscriptions, redemptions and token balances can all be managed on one platform. https://t.co/M1tn6oBc0o

    Open source