JPMorgan brings 2 tokenized money market funds to Solana for US investors

J.P. Morgan Asset Management has brought two tokenized money market funds, MONY and JLTXX, to Solana for qualified U.S. investors through its Morgan Money platform. MONY and JLTXX give qualified U.S. investors access to tokenized fund shares on Solana. MONY’s existing FAQ lists a $1 million initial investment minimum and offchain shareholder records. JLTXX’s May prospectus requires approved wallet addresses for purchases, redemptions and token transfers. BlackRock and Franklin Templeton brought their tokenized funds to Solana in 2025. J.P. Morgan Asset Management said investors can subscribe and redeem through Morgan Money, with token balances sent to their blockchain addresses.

Also reported by The Defiant, The Cryptonomist, ETHNews, U.Today and 1 more.

Source: crypto.news