JPMorgan Launches Two Tokenized Money Market Funds on Solana

JPMorgan adds Solana to its institutional crypto strategy. Since October 22, its two tokenized money market funds MONY and JLTXX have been accessible on the network to qualified American investors via Morgan Money. The products also remain available on Ethereum. The change therefore concerns less the creation of new funds than a multichain extension of already operational financial products. MONY and JLTXX started their journey on Ethereum. MONY was launched in December 2025. JPMorgan then deployed 100 million dollars in its first tokenized money market fund aimed at qualified investors. JLTXX followed in May 2026. With Solana, JPMorgan is not moving these products off Ethereum. The bank simply adds them a second public blockchain.

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