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. In brief JPMorgan makes MONY and JLTXX available on Solana. JLTXX managed 628.48 million dollars as of September 30. Both funds remain reserved for eligible American investors. JPMorgan pushes its crypto funds beyond Ethereum 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. Investors still go through Morgan Money, the group’s liquidity management platform. They can subscribe or request redemption of their shares there, then receive the tokens representing their position directly on a blockchain address. MONY remains a private 506(c) structure intended for qualified investors and designed to produce a return in dollars. JLTXX has a different profile. It is a registered U.S. government money market fund. It invests only in U.S. Treasury securities and repurchase agreements secured by Treasuries or cash. As of September 30, JLTXX held 628.48 million dollars in assets. Its daily yield stood at 3.73%, with a seven-day SEC yield of 3.79%. Serious figures already for a product launched five months earlier. Start your crypto adventure safely with OKXThis link uses an affiliate program. Solana recovers a new building block of tokenized finance JPMorgan explains its choice by a fairly simple observation: its clients use multiple blockchains and want to be able to move their liquidity between these different networks. Solana thus becomes a new channel of access to traditional financial products represented in token form. The network arrives with an RWA market that has already grown strongly. In twelve months, the value of tokenized assets on Solana has risen from about 700 million to 4.3 billion dollars. Your 1st cryptos with BitgetThis link uses an affiliate program. JPMorgan now adds two money market funds to this set. JLTXX presents a particular interest for the crypto sector. The fund was designed to invest according to rules that can meet reserve requirements imposed on stablecoin issuers by the GENIUS Act. An issuer can thus keep part of its reserves in a product exposed to Treasuries while having tokens representing its shares on blockchain. JPMorgan however has not announced any stablecoin issuer already using JLTXX on Solana.