JPMorgan Asset Management is bringing two tokenized money market funds, MONY and JLTXX, to Solana for qualified U.S. investors through its Morgan Money platform. Launched in December 2025 as a Rule 506(c) private placement, MONY provides eligible investors with exposure to U.S. dollar yields. JLTXX, a U.S.-registered government money market fund, is designed to support stablecoin issuers under the GENIUS Act. Both funds, initially launched on Ethereum, allow investors to subscribe to and redeem shares through blockchain addresses. JPMorgan Asset Management reported $4.8 trillion in assets under management as of September 30, 2026; the expansion strengthens Solana’s institutional adoption, although the impact of the resulting activity on SOL demand remains uncertain.
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