JPMorgan Chase Files Application for a Blockchain-Based Money Market Fund Targeting Stablecoin Issuers

JPMorgan Files for JLTXX: A Tokenized Treasury Fund Built for the Stablecoin Era on Ethereum

JPMorgan filed with the SEC to launch JLTXX, its second tokenized Treasury fund on Ethereum. Designed for GENIUS Act stablecoin reserves, it reshapes how institutions hold cash on-chain

INSTITUTIONAL | JPMorgan to Launch a Tokenized Money Market Fund Supporting Stablecoin Issuers Under GENIUS Act

America’s largest bank, JPMorgan Chase, has filed to launch a second tokenized money market fund on the Ethereum blockchain deepening the Wall Street bank’s push into on-chain financial products as traditional finance firms race to tokenize real-world assets. The new fund, called the JPMorgan OnChain Liquidity-Token Money Market Fund, and trading under the ticker, JLTXX, will invest primarily in U.S. Treasury securities and overnight repurchase …

JPMorgan Chase Files Application for a Blockchain-Based Money Market Fund Targeting Stablecoin Issuers

JPMorgan Chase has filed an application with the U.S. Securities and Exchange Commission for a blockchain-based money market fund designed in part for stablecoin issuers. According to the filing, the fund would use blockchain infrastructure developed by Kinexys Digital Assets (KDA), a business unit within JPMorgan Chase Bank, N.A. The filing states that the fund “uses blockchain technology to provide a means for investors to submit transaction i…