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Oct 23
JPMAM Tokenized MFs Added to Solana
A release titled "J.P. Morgan Asset Management Expands Access to Its Tokenized Money Market Funds on Solana" tells us, "J.P. Morgan Asset Management ... announced its tokenized money market funds, My OnChain Net Yield Fund ('MONY') and JPMorgan OnChain Liquidity–Token Money Market Fund ('JLTXX'), are now available on the Solana blockchain to qualified U.S. investors, strengthening the firm's capabilities. This expansion broadens access for clients and supports the continued growth of J.P. Morgan Asset Management's tokenized cash management platform. MONY is a 506(c) private placement fund that provides qualified investors the opportunity to earn U.S. dollar yields. At the time of its launch in December 2025, J.P. Morgan was the largest global systemically important bank to launch a tokenized money market fund on a public blockchain. JLTXX is a U.S. registered government money market fund designed to invest in a manner to support stablecoin issuers under the GENIUS Act." It explains, "Investors can access MONY and JLTXX through Morgan Money, J.P. Morgan Asset Management's open-architecture trading and analytics platform for liquidity management. Through a single platform, qualified investors can subscribe and redeem into J.P. Morgan Asset Management's tokenized funds, receiving token balances at their blockchain addresses. This process supports a consistent experience as clients continue to expand tokenized activity across networks and multi-chain adoption accelerates." Paul Przybylski, Global Head of Product, Digital & Tokenized Assets for J.P. Morgan Asset Management, comments, "Our clients operate across more than one network, and their liquidity should too. Bringing JLTXX and MONY to …
