JP Morgan Asset Management has launched a tokenised money market fund on the Ethereum blockchain for US investors.
JP Morgan Asset Management announced the launch of the JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX), its second tokenised money market fund available to US investors. The fund is available through Morgan Money The fund is available through Morgan Money, the company’s liquidity management and trading platform. Qualified investors subscribing to the fund receive token balances linked to blockchain wallet addresses. JLTXX is a government money market fund that invests only