JPMorgan expands tokenized money market funds MONY and JLTXX to Solana for qualified US investors
JPMorgan Asset Management launched its MONY and JLTXX tokenized money market funds on Solana, accessible to qualified US investors via the Morgan Money platform.
Why it matters
The expansion brings institutional cash-management products onto a public blockchain known for retail crypto activity, signaling growing integration of traditional finance with public blockchain infrastructure. JLTXX's design for stablecoin reserve management under the GENIUS Act addresses a key regulatory question about where stablecoin reserves sit.
Key facts
JPMorgan Asset Management launched tokenized money market funds MONY and JLTXX on Solana for qualified US investors
Reported by Crypto.News
Access to the funds is provided through the Morgan Money platform
Reported by Crypto.News
MONY is a private placement fund under Rule 506(c) with a $1 million minimum investment
1,000,000 USDReported by Crypto.News
JLTXX is a US-registered government money market fund designed for stablecoin issuers under the GENIUS Act
Reported by U.Today
Both funds were previously available on Ethereum
Reported by U.Today
MONY launched on Ethereum in December 2025
Reported by U.Today
JLTXX launched on Ethereum in May 2026 with JPMorgan investing $100 million of its own capital
100,000,000 USDReported by U.Today
What happened
JPMorgan Asset Management announced on October 22 that its two tokenized money market funds, MONY and JLTXX, are now available on the Solana blockchain for qualified US investors through the Morgan Money platform. Both funds were previously accessible on Ethereum, with MONY launching there in December 2025 and JLTXX in May 2026. MONY is a private placement fund under Rule 506(c) with a $1 million minimum investment and 16 basis points in fees, while JLTXX is a US-registered government money market fund structured to support stablecoin issuers under the GENIUS Act. JPMorgan invested $100 million of its own capital into JLTXX on Ethereum in May 2026. The funds are not bank deposits and carry no FDIC insurance. Paul Przybylski, global head of product for digital and tokenized assets, stated that clients operate across multiple networks and their liquidity should too.
How the story developed
- First report
First report by Crypto.News
JPMorgan brings 2 tokenized money market funds to Solana for US investors
- Update
JPMorgan announces MONY and JLTXX expansion to Solana
Press release announces qualified US investors can access both tokenized funds on Solana via Morgan Money
- Update
Additional details emerge about fund structures and GENIUS Act connection
Reports clarify MONY's 506(c) structure and JLTXX's role for stablecoin issuers under the GENIUS Act
- Official statement
Official statement from Bitcoin.com News
JPMorgan Brings Tokenized Money Funds to Solana for US Investors
- Update
Bitcoin.com reports Solana tokenized asset holder statistics
Cites 19,789 tokenized credit holders and approximately 1.5 million tokenized-stock holders on Solana
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 22 Oct 2026, 20:02 UTC: Crypto.News — 1 independent source, 1 reports
- 22 Oct 2026, 20:25 UTC: Crypto News (CryptoNews.net) — 2 independent sources, 2 reports
- 22 Oct 2026, 21:03 UTC: U.Today — 3 independent sources, 3 reports
- 23 Oct 2026, 00:03 UTC: Crypto News (CryptoNews.net) — 4 independent sources, 4 reports
- 23 Oct 2026, 21:15 UTC: Bitcoin.com News, official — 5 independent sources, 8 reports
- 23 Oct 2026, 22:00 UTC: NewsBTC — 6 independent sources, 9 reports
Affected entities
Also mentioned: USD Coin, Base, Bitcoin, Circle, Arbitrum, Avalanche, Polygon
Original sources
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