JPMorgan Picks Ethereum Again in New Money Market Fund Filing
BeInCrypto
JPMorgan has filed to launch a second tokenized Treasury fund on Ethereum to support stablecoin issuer reserve requirements under the GENIUS Act.Summary
JPMorgan has filed with the SEC to launch the JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX), a tokenized Treasury vehicle powered by Kinexys Digital Assets on the Ethereum network. This fund is designed to meet reserve requirements for stablecoin issuers as stipulated by the GENIUS Act. This initiative marks the bank's second tokenized fund on Ethereum, following the December 2025 launch of its My OnChain Net Yield Fund (MONY), further cementing Ethereum's position as the preferred settlement layer for institutional real-world asset tokenization.
(Source：BeInCrypto)