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. Summary 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. “Our clients operate across more than one network, and their liquidity should too,” said Paul Przybylski, the firm’s global head of product, digital and tokenized assets. JPMorgan’s MONY fund carries a $1 million entry minimum JPMorgan’s MONY FAQ lists an initial investment minimum of $1 million and fees of 16 basis points. The document describes a private placement fund domiciled in the British Virgin Islands, with investor onboarding subject to anti-money laundering and know-your-customer checks. ...