JPMorgan’s Tokenized Funds Land on Solana: Onchain Cash Gets a Jolt 🚀

JPMorgan Asset Management has made two tokenized money market funds, MONY and JLTXX, available to qualified U.S. investors on Solana through its Morgan Money liquidity management and trading platform.

The products handle subscriptions, redemptions and token balances on one platform. My OnChain Net Yield Fund (MONY) is a tokenized money market fund launched in December 2025 as a Rule 506(c) private placement, providing eligible investors with exposure to U.S. dollar yields.

JPMorgan OnChain Liquidity–Token Money Market Fund (JLTXX) is a U.S.-registered government money market fund designed to support stablecoin issuers under the GENIUS Act, the U.S. stablecoin legislation.

The Solana rollout adds another blockchain to the funds’ existing availability as traditional financial institutions expand tokenized products. JPMorgan’s move also extends its onchain money market operations beyond the Ethereum network that served as the starting point for its earlier tokenization initiative.