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J.P. Morgan Asset Management Adds Two Tokenized Funds to Solana

Picture: TokenPost

J.P. Morgan Asset Management has made its MONY and JLTXX tokenized money-market funds available on Solana, giving qualified U.S. investors another way to access the products. My OnChain Net Yield Fund (MONY) is a 506(c) private-placement fund. JPMorgan OnChain Liquidity–Token Money Market Fund (JLTXX) is a U.S.-registered government money market fund designed to invest in a manner that supports stablecoin issuers under the GENIUS Act. Qualified U.S. investors can access both funds through Morgan Money. The funds held a combined $844 million on Ethereum as of Oct. 11 , with $741 million in JLTXX and $103 million in MONY.

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